March 20 News: TAO surged 20%, on-chain trading sentiment heated up. Two whales opened long positions on Hyperliquid platform with 5x and 1x leverage respectively, with total position size reaching $2.82 million. Both positions are currently showing significant floating gains.
According to Coinglass data, if Bitcoin breaks through $72,000, liquidations of short positions on mainstream CEXs will reach $590 million; if it falls below $70,000, liquidations of long positions will reach $275 million. The liquidation chart reflects the intensity of market impact, not the exact number of liquidation contracts.
Gate News reported that on March 20, The Smarter Web Company, a London-listed technology firm, announced that its Chief Financial Officer Albert Soleiman has reached an agreement with the board to immediately resign from his position as a company director and step down as Chief Financial Officer following an orderly transition period. Mario Visconti, the company's former Chief Financial Officer and current Financial Director and Project Head, will assume the role of interim Chief Financial Officer after Albert Soleiman's departure.
Korea's National Tax Service plans to appoint professional custody companies to manage seized virtual assets before mid-year to enhance security and address the February security breach incident. The NTS has established a task force to oversee the transition, improve management procedures, and plans to establish a digital asset management department.
Gate News report: On March 20, the Pendle token price is challenging the bottom trend line of an inverted flag pattern. Technical analysis shows that if this support level breaks, the price could fall back to the $1 level.
