Gate News, on March 25th, according to data published by CryptoQuant on the X platform, a certain CEX's gold token XAUT perpetual contract daily trading volume recently reached $6.4 billion, setting a new all-time high. Additionally, XAUT perpetual contract has become the fifth-largest perpetual contract trading pair by volume on the platform.

Основной токен Hyperliquid HYPE испытывает недавнее давление от масштабного кита High Stakes Capital, который проводит поэтапную ликвидацию позиций, что привело к снижению цены до 38,86 доллара. Несмотря на рост в течение дня на 2,72%, действия по обналичиванию крупного кита усилили краткосрочные колебания цены, и рынку необходимо следить за ликвидностью для оценки будущей тенденции HYPE.

March 24, Pi Network (PI) price fell to $0.1897, down more than 33% from the March 13 high. The daily chart shows PI forming a double top structure, approaching historical lows. Capital flow signals show increased selling pressure, with the MFI indicator continuing to decline. If it breaks below 40, it may accelerate capital outflows. PI's correlation with Bitcoin has turned negative, with technicals showing a weakening trend. Key support levels are at $0.1597 and $0.1415, with potential for a rebound if it breaks above $0.1940.

Gate News, March 24th, according to Onchain Lens monitoring, OG High Stakes Capital sold another 150,000 HYPE tokens, valued at $5.67 million. Within the past 12 hours, the institution cumulatively sold 450,000 HYPE tokens, obtaining $17.12 million USDC, at an average price of $38.05. Currently, the institution still holds 152,421 HYPE tokens, valued at approximately $5.70 million.

Gate News сообщает, что 23 марта согласно мониторингу Onchain Lens компания High Stakes Capital продала 300 тысяч токенов HYPE в течение последних 2 часов по средней цене 38,17 доллара, при общем объеме сделки 11,45 миллиона долларов. В настоящее время учреждение все еще владеет 302,421 токеном HYPE стоимостью около 11,54 миллиона долларов с накопленной прибылью, превышающей 33,2 миллиона долларов.

Gate News сообщает, что 23 марта мониторинг Onchain Lens показал, что High Stakes Capital за последние 2 часа продал 300 000 HYPE по средней цене 38,17 долларов за штуку, что составляет примерно 11,45 миллиона долларов. В настоящее время этот адрес все еще держит 302 421 HYPE (примерно на 11,54 миллиона долларов), а общий доход превышает 33,2 миллиона долларов.

On March 23, XRP declined 3.74%, trading at $1.39, down 62% from its 2025 high. Analysis suggests that weak market confidence is related to macroeconomic pressures. Despite price pressure, institutional infrastructure continues to expand, indicating that XRP has deployment space within the financial system. Future discussions may focus on the gap between price volatility and infrastructure expansion.

On-chain investigator ZachXBT exposed an account named "Rashid bin Saeed" that attracts attention through false geopolitical information and is suspected of manipulating crypto assets. The account promoted a meme coin called CHIBI and aligned with high volatility cases, reminding investors to be cautious about information sources to prevent market manipulation.

On March 20, the Federal Reserve maintained interest rates unchanged, and Bitcoin price quickly fell back to around $70,000, with a decline close to 5%. Market risk appetite cooled, and Ethereum, Dogecoin, and others also came under pressure, showing the impact of macroeconomic factors on the crypto market. Analysts pointed out that Bitcoin trading will rely on selective fund flows, and high interest rates and geopolitical risks may cause it to maintain a volatile and weak pattern in the short term.

March 20, a prediction market shows two high win-rate addresses invested $9,700 in the "Will the U.S. military invade Iran" event, choosing "No," with the current probability of "No" at 40%. Trump stated during a meeting with the Japanese Prime Minister that he would not dispatch U.S. troops, while the Defense Secretary reiterated U.S. military objectives. Trader behavior indicates short-term arbitrage rather than bets on the actual occurrence of the event.