Ethereum briefly broke above $2,090 on heavy volume but quickly retraced. On-chain data reveals two highly leveraged long positions. One address starting with 0x4ce opened a 9x long at $2,063, then added 3,208 ETH at $2,043, bringing total exposure to $13.68 million with an average entry of $2,052. The liquidation threshold sits at $1,852, and collateral has dropped below $50,000, leaving almost no margin for error.
Ethereum Whales Go All-In: 25x and 9x Longs Surface
Another trader took an even bigger risk, expanding a 25x leveraged long to 8,572 ETH — worth roughly $17.63 million. Average entry is about $2,039, but the liquidation price is $2,046, a razor-thin buffer of just 0.48%. Any slight pullback would trigger liquidation.
Binance Adds XAUT Collateral, Delists Seven Pairs
Binance made two announcements on the same day. It now accepts Tether Gold (XAUT), a gold-backed digital asset, as collateral for Flexible Savings and VIP Loans. This signals growing acceptance for tokenized gold. Separately, Binance will remove seven trading pairs starting April 2 at 11:00 ET: ALT/BNB, ARB/TUSD, BNB/ARS, GALA/ETH, INJ/BNB, SOLV/FDUSD, and XRP/TUSD. Delistings typically follow declines in liquidity and volume.
Huobi HTX Lists EDGE Token
Huobi HTX released the timeline for the EDGE token listing. Deposits opened at 15:00 (GMT+8) on March 31, with EDGE/USDT spot trading starting at 20:30 the same day. Withdrawals will be enabled at 20:30 on April 1. EdgeX, the infrastructure behind EDGE, claims transaction latency below 10 milliseconds and has processed over $800 billion in volume, with more than 300,000 users.
SKY Transfers Spook Market, Predict.Fun Surges
After Upbit listed the SKY/KRW pair, on-chain movements spiked. One wallet transferred 31.45 million SKY (worth about $2.46 million) from a staking contract to Binance. The market slipped from $0.078 to $0.072 amid fears of selling pressure. Meanwhile, Predict.Fun saw a surge in optimism after its Binance Wallet integration. Prediction markets put the probability of the project's valuation exceeding $50 million at 96%, and reaching $100 million at 83%.