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In the past 24 hours, the largest single liquidation across the entire network was in on-chain Brent Crude Oil, with a certain BRENTOIL long position being liquidated for over $6 million consecutively.

2 hours ago

March 11 — Data from Hyperinsight (via its Telegram channel @HyperInsight) and Coinglass shows the largest single liquidation across the network over the past 24 hours occurred on the Hyperliquid platform, with Brent Crude Oil (BRENTOIL) as the underlying asset. A wallet holding a long position faced multiple large liquidations as oil prices declined, with cumulative losses topping $6 million. The first liquidation hit after BRENTOIL prices dropped below $89, totaling $3.32 million. Later, as prices fell further below $87, the same wallet triggered another liquidation worth $3.13 million. These consecutive liquidations made it the biggest single liquidation event across the network in nearly 24 hours.
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Article Title: Institution: Oil Price Will Still Be the Biggest Market Driver, CPI Impact Possibly Limited

March 11th – Pepperstone analyst Michael Brown said in a report Wednesday that oil prices will remain the market’s biggest driver, with their impact outweighing tonight’s U.S. February inflation data release. Brown noted market participants breathed a sigh of relief after President Trump indicated the conflict would end soon, but emphasized the market will still closely watch for any signs of easing. While U.S. inflation data is typically a key focus, tonight’s reading may not move markets much—nor does it hold major implications for the Fed’s policy outlook, he said. Amid geopolitical uncertainty, market participants are “not paying much attention to upcoming economic data,” he added. (Source: FXStreet)

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Binance Wallet Exclusive TGE to Launch Unitas Labs (UP)

Per official sources, Binance Wallet will exclusively host the 44th round of Unitas Labs (UP)’s Token Generation Event (TGE) on March 11. Subscription for the event is scheduled for **16:00–18:00 UTC+8 on March 13, 2026**. Eligible users must use Binance Alpha Points to subscribe. An additional 10 million UP tokens will be allocated for future events, with specific details to be announced separately.

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Hong Kong's First Batch of Stablecoin Issuers Licensees to Be Fewer Than 4

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Group of Seven Statement: Support taking proactive measures to address the current situation, including tapping into strategic oil reserves

March 11 (FX168) - The Group of Seven (G7) has backed proactive measures to address the current situation, including releases from strategic petroleum reserves (SPR), according to a statement from the bloc.

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GMGN fee income address transferred 20,900 BNB, 2,356 ETH, and 100,000 USDC to Pionex

On March 11th, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that the fee collection address of Meme trading platform GMGN (link: https://gmgn.ai/base/token/i_m4TE56o8_0xB695559b26BB2c9703ef1935c37AeaE9526bab07) transferred 20,900 BNB, 2,356 ETH, and 100,000 USDC to crypto exchange Pionex over the past 4 hours. The total value of the transferred assets is $18.24 million.

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A new address withdrew 4628 ETH from Binance, worth approximately $9.37 million

March 11: A new address withdrew 4,628 ETH (≈$9.37M) from Binance 15 minutes ago, per on-chain analyst Ai (@ai_9684xtpa), at an average withdrawal price of $2,023.74.

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