Gate News report, on March 25, US-listed crypto concept stocks collectively retreated, with Circle (CRCL) closing down 20.1%, and the contract for this symbol on Hyperliquid temporarily quoted at 102.7 US dollars. During the sharp decline, two on-chain whales (0xcee, 0x51b) simultaneously initiated bottom-fishing in the early morning today, each opening approximately 1 million US dollars in CRCL long positions, with average entry prices of 106 US dollars and 103 US dollars respectively, with the nearest liquidation price at 95.8 US dollars.

Gate News melaporkan bahwa pada 22 Maret, berdasarkan pemantauan analis on-chain, diduga terjadi celah keamanan pada stablecoin ResolvLabs USR. Sebuah alamat menggunakan 100.000 USDC untuk mencetak 50 juta USR, yang menyebabkan harga USR turun sementara menjadi 0,257 dolar AS, penurunan sebesar 74,2%. Setelah itu, harga sedikit pulih dan saat ini diperdagangkan di angka 0,7847 dolar AS. Hingga berita ini diturunkan, tim ResolvLabs belum memberikan tanggapan terkait kejadian ini.

Into The Cryptoverse founder Benjamin Cowen analyzes that Bitcoin has displayed typical bear market characteristics, with the current price structure similar to historical bear markets. Although some market views still predict it is a bull market correction, he points out that Bitcoin faces the risk of a sharp decline, and recent price levels are comparable to 2017, potentially not the bottom.