Hibernating Whale Acquires 10,811 ETH in Two Weeks After 5-Month Dormancy

March 19th — HyperInsight monitoring data shows that as the U.S.-Iran conflict continues to escalate, Iran has targeted three Middle Eastern oil facilities, disrupting energy supply and sending WTI and Brent crude prices soaring. On the Hyperliquid platform, WTI Crude (WTICRUDE) jumped 4.5% intraday, hitting a high of $98 at one point and last trading at $96.65. Brent Crude surged nearly 10% intraday, currently trading at $107. As a result, a whale account on the platform — “U.S.-Brent Oil Dual Short Main Force” (address 0x985), which held short positions in both major crude oils — saw its unrealized losses widen to $2.3 million. The account’s total position size is $29.5 million, with both short positions initiated around the $91 level.

On March 19, monitoring data from The Data Nerd indicates Abraxas Capital has continued to expand its gold short position. The position now stands at approximately $18.8 million, making it the largest holding in the firm’s portfolio.

March 19th — According to Bitget data, the Nikkei 225 Index is down 3.00% intraday and currently trades at 53,582.05 points.

March 19 – According to HyperInsight monitoring, escalating U.S.-Iran tensions overnight and early this morning damaged key natural gas facilities in Iran and Qatar, driving U.S. natural gas prices sharply higher. Hyperliquid’s NATGAS contract surged nearly 10% intraday, hitting a peak of $3.21 before retreating to $3.14. During this period, crypto KOL CBB (0xefd) continued to add short positions in NATGAS on Hyperliquid. The position totals $3.71 million, with an average entry price of $3.13 and an unrealized loss of $15,000 (-1.1%).

March 19th, per The Block: Ripple-backed crypto firm Evernorth has filed an S-4 registration statement with the U.S. SEC to advance a business combination with Armada Acquisition Corp. II, a SPAC backed by Arrington Capital. Upon closing the merger, Evernorth aims to become a publicly traded XRP treasury company on Nasdaq under the ticker XRPN. Evernorth plans to raise over $1 billion through the transaction—primarily for open-market XRP purchases and building a leading global institutional-grade XRP treasury. Unlike passive crypto funds or ETPs, it will focus on long-term XRP holding growth via lending, liquidity provision, and DeFi yield strategies. The firm also intends to operate XRP validator nodes and integrate Ripple’s RLUSD stablecoin into the DeFi ecosystem. Investors include Japan’s SBI Holdings (committing $200 million), Ripple, Pantera Capital, Kraken, GSR, and Ripple co-founder Chris Larsen. Ripple CEO Brad Garlinghouse and other executives will serve as strategic ad

On March 19, Bitget announced the launch of **USDT-margined KAT perpetual contracts** (with leverage ranging from 1x to 20x) via an official statement. The platform’s contract trading bot will also go live simultaneously.