SoSo Daily Mar 16 | "Hyperliquid 50x Leverage Whale" BTC Short Position Increases to 3,941 Coins

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Neiro on ETH. As of 11:50 today, its market cap is 58.81K, with a coin price of 0.000058806 USD, witnessing a 24-hour increase of 477%.
The second is jelly-my-jelly. As of 11:50 today, its coin price is 0.014050 USD, with a 24-hour increase of 154%.
The third is Ancient8. As of 11:50 today, its coin price is 0.24230 USD, showing a 24-hour increase of 141%.
In fourth place is Zoo. As of 11:50 today, its coin price is 0.000012100 USD, with a 24-hour rise of 70.2%.
In fifth place is Apu Apustaja. As of 11:50 today, its coin price is 0.00022890 USD, increasing by 66.8% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 2 are up and 14 are down. Notably, SocialFi, AI, and PayFi sectors are worth mentioning.
SocialFi sector has risen 11.4% relative to the UTC 0 time, led by gains in SUIA (19.3%), ton (14.9%), and kin (11.8%).
AI sector has decreased 3% relative to UTC 0, with VADER (-14.4%), degenai (-13.8%), and lai (-10.8%) leading the drop.
PayFi sector has fallen 5.07%, with nim (-9.07%), cirus (-8.73%), and velo (-6.64%) leading the decline.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:

According to Wu, monitoring by Spot On Chain indicates that the "Hyperliquid 50x leverage whale" has increased its $BTC short position to 3,941 $BTC (approximately 331.80 million USD). The entry price was 84,040.8 USD, and the liquidation price is 85,290 USD, with a current floating loss of about 837 thousand USD. Additionally, this whale placed orders to purchase 1,692 $BTC (approximately 110 million USD) between the prices of 58,664 USD and 69,414 USD.

Next news:

According to Foresight News, monitoring by Yu Jin shows that a certain whale/institution has withdrawn 365 thousand AUCTION (approximately $9.62 million) from Binance via one address in the last two days. Currently, it has cumulatively withdrawn 25% of the total AUCTION (1.87 million) from Binance through 4 addresses, valued at around $49.40 million. After the large-scale withdrawal of AUCTION, only 9% (706 thousand) remains in the Binance address.

Next news:

According to reports, @ai_9684xtpa has monitored that CZ spent 1 $BNB each in the past 15 minutes to purchase 9,161 $TST and 20,155 $mubarak, totaling a value of $1,200; as a result, both TST and mubarak experienced varying degrees of price increases. However, he has unpinned tweets related to Mubarak and Inshallah.

Next news:

Odaily Planet Daily reported that according to on-chain data analyst @ai_9684xtpa, an address suspected to belong to DFG founder James Wo (@realjameswo) has accumulated a total value of 18.68 million USD in UNI and MKR. Since February 3, this address has withdrawn a total of 1.97 million UNI (17.67 million USD) from Binance, with an average price of 8.97 USD, currently experiencing an unrealized loss of 5.36 million USD; additionally, five hours ago, it also withdrew 1.02 million USD worth of MKR.

Next news:

According to reports from Wu, Kaito AI tweeted that the X accounts of Yu Hu and Kaito have been compromised, but the KAITO wallet remains unaffected. The attackers chose to operate while Yu Hu was asleep, and the team has regained access to the accounts and is investigating the cause of the incident. Earlier, Kaito AI announced that it had detected unusual activities in several wallets associated with it, and some token supplies may have been compromised. Previous related information has been deleted.

Next news:The year-to-date returns of Bitcoin ETFs in the United States have been erased, with cumulative inflows dropping to their lowest level since January 2. In February, the U.S. spot Bitcoin ETFs only saw net inflows on five days, and thus far in March, there has been only one day of net inflow. Since the beginning of 2025, the cumulative net inflows of the funds have nearly been wiped out, with a total value declining by nearly 25% from the peak at the end of January, aligning with the drop in Bitcoin prices. According to data from SoSoValue, the cumulative net inflow of the funds is currently $35.20 billion, just $200 million more than the $35 billion recorded on the first trading day of 2025. Analysts point out that initial investors in digital assets have mostly completed their allocations, and the ETFs require new demand or broader market catalysts to reactivate inflows. Despite Bitcoin prices rising about 10% and a slight increase in total assets under management, net outflows persist. Meanwhile, many asset management companies are competing to launch the first altcoin ETFs, with analysts believing that funds for Litecoin, XRP, Solana, and Dogecoin are the most likely to be approved.
Next news:

According to reports from @EmberCN, the Trump family's crypto project WLFI has recently made purchases of AVAX and MNT 2 hours ago. A total of 2 million USDT was spent to acquire 103,911 AVAX at an average price of $19.25; simultaneously, another 2 million USDT was spent to purchase 2.45 million MNT at an average price of $0.81. To date, WLFI's investment portfolio has spent approximately 340 million US dollars to acquire 11 types of tokens, currently facing an overall unrealized loss of about one-third (approximately 115 million US dollars), including $ETH, WBTC, TRX, LINK, AAVE, ENA, MOVE, ONDO, SEI, AVAX, and MNT. Among these, $ETH accounts for more than half, with a single $ETH loss of approximately 88 million US dollars.

Next news:

According to Wu, despite LIBRA project leader Hayden Davis being wanted by Interpol, he has launched a new token called WOLF. Last week, there were rumors that Jordan Belfort, known as the Wolf of Wall Street, would launch his own token WOLF; on March 8, wallstreetbets promoted a token named WOLF, which at one point reached a market capitalization of 40 million USD shortly after opening. However, the developers used multiple wallets to manipulate it, with up to 82% of the supply being bundled. Bubblemaps analysis indicates that WOLF follows the same pattern as another token HOOD launched by Hayden Davis, and the creator of the WOLF token points to Hayden Davis's address.

Next news:

The Government of Pakistan has established the Pakistan Cryptocurrency Council (PCC) to oversee the integration and use of blockchain technology and digital assets in the country's financial sector. The Finance Minister Muhammad Aurangzeb will serve as the chairman of the council. Pakistan is currently one of the countries with the highest cryptocurrency adoption rates, with an estimated 20 million active cryptocurrency users and a trading volume exceeding 20 billion USD. (Cryptoslate)

Next news:Bitcoin falls below 84,000 USDT

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.