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Circle Surges 9.7% as Whale Snags $1M Pre-market Position at New Address

2 hours ago

March 10 — Per HyperInsight monitoring, Circle’s stock gained further in intraday trading, hitting an intraday high of $112.5 before closing at $111.8 for a 9.7% daily gain. Consequently, CRCL (Circle-linked mapping contract) on the Hyperliquid platform briefly topped $115. It was last trading at $114.2, up 18% over 24 hours and representing a 2.15% premium to its spot price. The trader who nailed this rally is a newly created wallet address (0xcee). At 4:00 PM ET yesterday (timed to the U.S. stock pre-market open), the address opened a 2x leveraged long position on CRCL with a $1.01M position size and average entry price of $100.40. As of press time, the position’s unrealized profit stands at $120,000, for a 21% return. Reportedly, the address first deposited $448,000 to Hyperliquid at 3:29 PM ET yesterday—its first transaction on the platform. It opened the long position just 30 minutes after depositing funds, then captured Circle’s full price move from pre-market to close. The position remains open.
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Deutsche Bank: Current Global Energy Trends "Eerily Similar" to 1970s Stagflation Nightmare

**March 10: Deutsche Bank Research Chief Spots 1970s Oil Crisis Parallel in Current Energy Trends** Jim Reid, Head of Research at Deutsche Bank, said flatly in a recent report that today’s global energy market trajectory is strikingly similar to the lead-up to the 1970s’ second oil crisis. Both crises emerged 4–5 years after a major inflation spike, with Iran as the epicenter. “Whether history repeats itself fully depends on how long this conflict lasts,” the report noted. But Deutsche Bank highlighted a critical contrast: In the late 1970s, the second oil shock sparked a wage-price spiral as inflation expectations spiraled out of control — forcing central banks to implement aggressive monetary tightening. Today, long-term inflation expectations remain extremely stable, even after the 2022–23 inflation surge. (Source: Wall Street Knowledge)

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Yesterday Bitcoin Spot ETF saw a net inflow of $167.1 million, while Ethereum ETF saw a net outflow of $51.3 million

On March 10, data from Farside Investors shows net inflows into U.S.-listed Bitcoin spot ETFs totaled $167.1 million yesterday. Of those, BlackRock’s IBIT posted a net inflow of $109.3 million, while FBTC recorded $60.1 million in net inflows. Separately, U.S.-listed Ethereum spot ETFs saw a net outflow of $51.3 million, with BlackRock’s ETHA posting a net outflow of $55.1 million.

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Both WTI and Brent Oil Surge Over 6% Intraday

March 10 — Bitget market data shows WTI and Brent crude both jumped over 6% in intraday trading, climbing back above $90 per barrel.

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The Chinese Meme Coin "Lobster" on BSC Soared to a Market Cap of $16 Million This Morning, with a 24-hour Increase of 127%

On March 10, per GMGN monitoring (link: https://gmgn.ai/bsc/token/i_m4TE56o8_0xeccbb861c0dda7efd964010085488b69317e4444), the BSC-based Chinese meme coin "Lobster" notched a new all-time high. Its market capitalization briefly hit $16.5 million before a slight pullback, and it now sits at $13.4 million with an intraday gain of over 127%. BlockBeats Note: Meme coins are extremely volatile, heavily reliant on market sentiment and hype around concepts, with no inherent value or practical use case. Investors should be aware of the associated risks.

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Stargate repurchased a total of 146,430 ZRO in February, bringing the total repurchased amount to 1,495,039 ZRO.

On March 10, cross-chain protocol Stargate announced it repurchased 146,430 ZRO in February, worth roughly $300,000. To date, cumulative repurchases total 1,495,039 ZRO (valued at around $3.14 million). The team noted Stargate rewards are currently split 50/50 between veSTG stakers and ZRO repurchases—but starting next month, all rewards will go exclusively toward ZRO buybacks. In a prior announcement, Stargate revealed the LayerZero Foundation has fully acquired Stargate (STG), including its protocol, token, and treasury. Post-acquisition, STG tokens can be exchanged for LayerZero’s native ZRO at a fixed rate (1 STG = 0.08634 ZRO), with the exchange window remaining open indefinitely.

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Bitcoin Leverage Ratio on Binance Sees Steep Drop Since February, Spot Market Poised to Take Over Price Leadership

**March 10th** Per analyst Darkfost’s monitoring, Bitcoin’s estimated leverage ratio on Binance has dropped sharply from 0.198 to 0.152 since February—marking a rapid, significant decline. This trend typically emerges after periods of strong volatility and major price swings. Over the same period, Bitcoin’s price has fallen from roughly $96,000 to $69,000. Such moves often spark investor panic: some voluntarily deleverage their positions, while others face forced liquidations due to margin calls. This has driven a notable drop in open interest contracts, reflecting an overall deleveraging trend in the derivatives market. The analyst noted that if the estimated leverage ratio fails to rebound during the current consolidation phase, it could signal the spot market is taking control of price trends—helping stabilize the market. In many cases, deleveraging phases let the market reset on a healthier footing, as lower leverage reduces systemic pressure and supports price stability a

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