3月25日，0x10e开头的巨鲸以5倍杠杆开立TAO多单，建仓均价315美元，持仓规模236万美元，浮盈23万美元。该地址还计划在价格涨至351.77美元以上时进行止盈，目标区间为375美元。

Gate News reported that on March 25, according to Hyperinsight monitoring, a whale address beginning with 0x10e opened a long position in TAO with 5x leverage today, with an average entry price of $315 and a position size of $2.36 million. Current unrealized P&L stands at $230,000 (49%), with a liquidation price of $143. Additionally, the address subsequently placed 93 sell orders in the afternoon, totaling approximately $2.46 million, planning to continuously take profits once the price rises above $351.77, with target levels extending to $375.

Gate News bot 訊息，一個與 jez (@izebel_eth) 相關的錢包向 HyperLiquid 存入 $550,000 USDC，並建立了 ETH 20 倍槓桿和 TAO 5 倍槓桿的多頭頭寸。

Bittensor 子網生態急速擴展，TAO 代幣質押從74,400美元漲至6.2億美元，增幅達833,000%。子網數量從80增至120，市值超15億，部分子網表現優異。預計市值突破10億後，更多質押將流入子網。TAO 近期價格持續上漲，創下新高，表現優於多數加密貨幣。

Bittensor (TAO) experienced a strong rebound to $308 on March 25, gaining 18%. The rally was primarily driven by short squeezes, but weakening inflow intensity suggests bearish divergence. The current price is approaching key resistance, with subsequent moves dependent on whether it can break through $310 and spot fund entry.

> Original Title: The Bear Case for Bittensor (TAO) > Original Source: Pine Analytics > Original Compiled by: Saoirse, Foresight News TAO is currently priced at approximately $275, with a market cap of $2.6 billion and a fully diluted valuation of $5.8 billion. The project has received institutional endorsement from Grayscale (submitted an ETF listing application to the NYSE in December 2025) and public recognition from NVIDIA CEO Jensen Huang. The token supply narrative is highly attractive: a hard cap of 21 million tokens with a Bitcoin-style halving mechanism. After the first halving in December 2025, daily issuance decreased from 7,200 tokens to 3,600 tokens. The number of subnets increased from 32 to 128 within a year.

TAO價格持續上漲，新高至337.84美元，24小時漲幅達13.6%。知名投資人Jason Calacanis表示看好TAO，並投資其生態項目。Bittensor子網完成重要預訓練，證明其具備實際應用能力。

Gate News 消息，3月24日，市場行情數據顯示，TAO 24小時漲幅達14.43%，現報308.5 USDT。

Gate News Update: On March 24, according to Gate market data, as of press time, TAO (Bittensor) is trading at $299.50, up 12.80% in the past 24 hours, with a high of $301.70 and a low of $264.20. The 24-hour trading volume reached $8.3755 million. The current market cap is approximately $2.874 billion. Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and earn rewards in TAO based on the informational value they provide to the collective. TAO also enables external access, allowing users to extract information from the network and adjust network activity according to their specific needs.

3月20日，加密貨幣市值前100代幣表現：Bittensor（TAO）上漲13.94%；River（RIVER）下跌10.80%。其他上漲代幣包括Kite、FET、Aptos和SHIB，跌幅代幣有MemeCore、Kaspa、Worldcoin與XDC Network。