A Whale Deposits 665,000 HYPE to Bybit, Profiting Around $7.04 Million

March 17 — On-chain analyst Wu Ji reports that a whale/institution which allocated $500 million to BTC and ETH dip buys in early February offloaded holdings last night following a market rally. The entity sold 12,000 ETH and 330 cbBTC, totaling $51.79 million in value. Since ETH’s current price has not yet recovered to its average dip entry price, the sell-off is deemed a stop-loss move. Its average ETH entry price was $2,667, while the average cbBTC entry price was $73,837 — resulting in a realized loss of $19.66 million from the sale. Currently, the whale/institution holds $603 million worth of BTC and ETH: 138,000 ETH (valued at $326 million) and 3,670 cbBTC (valued at $277 million).

March 17: MicroStrategy founder Michael Saylor posted on X, noting: “If AI compresses terminal value and turns all moats temporary, capital will flow to assets not subject to disruption risk. Bitcoin is digital capital—scarce, neutral, and impervious to AI disruption. In this transition, BTC stands to be a primary beneficiary.” ### Notes on U.S. language habits adjustment: 1. **Date format**: Kept American-style "Month Day" (no comma between day/year, optional colon for clarity). 2. **Company clarity**: Added "MicroStrategy" (Saylor’s firm, widely recognized in U.S. tech/crypto circles—original "Strategy" is likely a shorthand). 3. **Platform specificity**: Specified "X" (Saylor’s primary social platform for such posts, aligns with U.S. audience familiarity). 4. **Tone naturalness**: - Replaced "stating" with "noting" (more casual for social media posts). - Used "turns" instead of "makes" (more conversational for U.S. English). - Swapped "should be" for "stands t

March 17th Per HTX market data, Bitcoin has risen 4.6% over the past 24 hours, currently trading at $75,858. The Strategy’s Bitcoin holdings have flipped from loss to profit, with a current unrealized gain of 0.21%—roughly $120 million. As of March 15, 2026, the Strategy holds 761,068 BTC total, with a total cost of ~$57.61 billion and an average entry price of ~$75,696 per BTC. The firm has aggressively ramped up its holdings for two straight weeks: - Week ending March 8 (March 2–8): Spent ~$1.28 billion to buy 17,994 BTC, average price ~$70,946/BTC. - Last week: Allocated ~$1.57 billion to acquire 22,337 BTC, average price ~$70,194/BTC.

As of March 17, alternative data shows the cryptocurrency Fear & Greed Index stands at 28—up from 23 yesterday. The market has shifted out of “extreme fear” territory and into the “fear” zone. Note: The index ranges from 0 to 100, with components including: - Volatility (25%) - Market trading volume (25%) - Social media hype (15%) - Market surveys (15%) - Bitcoin’s share of total market cap (10%) - Google Trends analysis (10%)

March 17: Onchain Lens data shows a leveraged bearish whale wallet “pension-usdt.eth”—holding 3x short positions on BTC and ETH—is now facing over $10 million in total liquidation losses amid a cryptocurrency price rally. Breakdown: $6.7 million loss on 1,000 BTC (valued at $75.64 million) and $3.46 million loss on 10,000 ETH (valued at $23.6 million).

On March 17, USD.AI—a stablecoin protocol that provides credit for AI—announced that distribution details for its ICO and airdropped CHIP tokens are now available for query via the USD.AI app. Users looking to request an ICO refund may do so through CoinList. Note that once a refund request is submitted, all CHIP allocations will be forfeited, and this action is irreversible.