Derivatives Data

Gate News reported that on March 18, according to Hyperinsight monitoring, within the past 10 minutes, after BTC surged over $74,000 in a short period, a whale account starting with 0x8b6 opened a new BTC short position with 40x leverage at an average entry price of $74,050 with a position size of $1.12 million. The whale is currently in a floating loss of $1,300 (-4.3%).

On March 18, U.S. storage concept stocks continued to rise, with SanDisk up 3.6% and Micron Technology up 2.7%. This put on-chain shorts under pressure, with crypto KOL CBB's short address holding approximately 12.9 million dollars, with unrealized losses of approximately 1.4 million dollars, with notable losses on short positions in SNDK and MU respectively.

Bitcoin is trading sideways around $74,000, while Ethereum shows a slight rebound. Over the past 24 hours, the network experienced liquidations of $265 million, with long positions dominating. The market is awaiting the Federal Reserve's FOMC interest rate decision, with sentiment cautious and awaiting developments.

neoyokio.eth whale's ASTER long position on Hyperliquid platform has expanded unrealized gains to $2.7 million with a return rate of 56.4%. After the whale's initial entry at $0.69, it added positions against the trend, reducing the average holding cost to $0.636. Recently ASTER surged to $0.78, now pulling back to $0.737.

Gate News update: On March 18, CryptoQuant posted on the X platform stating that Ethereum's open interest shows a continuous growth trend, indicating sustained liquidity inflows into the derivatives market. The institution believes this trend supports the stability of Ethereum's uptrend rather than short-term volatility.

Ethereum's price rebounded above $2,300 on March 18, primarily driven by whale purchases and net exchange outflows. On-chain data shows investors have reduced their selling pressure, with supply tightening. Technical indicators reveal short-term resistance at $2,380 to $2,400, with support near $2,320. The futures market is also displaying positive signals.

Key Insights XRP Ledger processed over 2.5 million transactions in 24 hours, reflecting rising network engagement while the asset price remained stable near resistance. XRP price holds near $1.41 while forming higher lows, indicating buyers continue supporting the asset despite repeated resis

Bitcoin price has fallen back to $74,000, with the market paying close attention to Fed Chair Powell's speech. Ongoing whale buying and ETF inflows demonstrate long-term demand, but short-term selling pressure should be watched carefully. Market sentiment is improving, and volatility could increase.

The HIP-3 market of Hyperliquid has reached a milestone with open interest surpassing $1.43 billion. Significant trading activity, particularly in perpetual WTI contracts, indicates growing user interest in tokenized traditional assets.

On March 18, Gate News reported that as Bitcoin dipped slightly, the funding rates across major CEX and DEX platforms show the market is broadly bearish, indicating that market sentiment remains skewed to the downside.

New York-based platform Theo announced the completion of a $100 million funding round and launched thUSD, a yield-bearing stablecoin backed by gold. It creates two independent sources of income through arbitrage between the gold token thGOLD and gold futures, aiming to provide hedging and returns in unstable markets. Unlike Tether Gold and PAX Gold, thUSD not only tracks gold prices but also actively generates additional yield. The platform plans to open in 200 countries worldwide and is compatible with various lending protocols.

An on-chain address increased its ZEC short position again on March 17-18, currently holding approximately 17,157 ZEC with unrealized losses of $800,000, making it the largest short on-chain. The address has been consistently shorting ZEC and previously experienced significant unrealized losses before gradually turning profitable. The address also holds short positions on ETH.

International oil prices declined on March 18, with WTI crude falling over 3% and Brent crude dropping over 2%. The WTI futures contract price on the Hyperliquid platform fell below $93, and Abraxas Capital's positions turned fully profitable with total positions of $27.8 million.

On March 18, US natural gas prices fell 3.6% briefly, leading all liquidations across the network, with a cumulative decline of 11.6%. The largest long position address was liquidated as prices fell below $2.91, with liquidation size reaching 638,364 contracts and losses of $200,000. Meanwhile, the address held BTC short positions and crude oil and gold long positions as hedges, but suffered losses on both sides.

Bitcoin is currently around $74,611, facing resistance near the $75,000 level, with $85,000 being a larger resistance zone. Despite bullish signals appearing in the derivatives market and a short-term uptick in risk appetite, the increase in Bitcoin flowing into exchanges may bring profit-taking pressure. Market focus is concentrated on the Federal Reserve's interest rate decision, and if the results fall short of expectations, it will affect the sustainability of Bitcoin's rebound.

HYPE price rebounded to $42 on March 18, reaching a new high in nearly 4 months. The largest bullish whale's unrealized gains expanded to $4.7 million, with withdrawals of approximately $4.4 million. The whale's position reached $58.1 million with a floating return rate of 41%, liquidation price rose to $30.15, funding fee losses have reached $1.66 million, position remains unclosed, and the holding period has neared five months.

On March 18, Bitcoin consolidated at higher levels, and HYPE surged above $42. Trader "Maji" reduced HYPE long positions and increased BTC long positions, with total holdings reaching $33.61 million, profiting $2.4 million over the past week. Positions include ETH, BTC, and HYPE.

Hyperliquid's HIP-3 market reached a new high in open interest at $1.43 billion, driven primarily by the trade.xyz platform, with non-crypto assets dominating its trading pairs. HIP-3 offers 24/7 trading advantages that break through traditional market constraints, attracting a broad investor base. The HYPE token has performed exceptionally well, providing support for the ecosystem's growth, with HIP-4 set to further expand the market in the future.

Gate News, on March 18, according to Onchain Lens monitoring, a newly created wallet deposited 2 million USDC into HyperLiquid and opened a 10x leverage HYPE long position. Currently, the wallet's position size is 150,000 HYPE (valued at $6 million), with an entry price of $40.9 and a liquidation price of $29.04.

Gate News bot message, a newly created wallet deposited $2 million USDC into HyperLiquid and opened a HYPE long position with 10x leverage. The position details are: Amount of 150,000 HYPE tokens, total value of $6 million, entry price at $40.9, and liquidation price at $29.04.