Tron Processes 994M Transactions in Q4 2025, Daily Peak Reaches 12.6M

Glassnode: Since late January, the spot trading volume of the top 500 cryptocurrencies has continued to decline

Gate News Report, March 12 — Glassnode data shows that since late January, the total spot trading volume of the top 500 cryptocurrencies has been continuously declining. Meanwhile, Bitcoin spot trading volume has been more resilient and has continued to grow for most of February.

IEA's release of reserves did not effectively suppress oil prices; on-chain, 8 major whales reversed and opened long positions on WTI crude oil

On March 12th, international oil prices rose, with WTI crude reaching $93.3 per barrel and Brent crude at $98.8 per barrel. Despite the implementation of the IEA release plan, oil prices remain strong, with several whales choosing to chase the rally and open long positions, while funding rates are biased towards the short side. Some whales have already realized profits.

Pi Network mainnet migration briefly restarted, 85K Pi tokens have been transferred

Pi Network's mainnet migration briefly restarted on March 10, with approximately 85,000 Pi successfully transferred, but was subsequently paused. The circulating supply is 9.66 billion coins, still far from the 100 billion cap. Over 17.7 million users who completed KYC are awaiting token migration. There is a risk of scams during the migration period, and users should be cautious about security. The protocol v20.2 mandatory upgrade deadline is March 12; failure to upgrade will result in network disconnection risks.

MICA Daily｜Exchange liquidity dries up, BTC trend continues to weaken

The latest US CPI data released aligns with market expectations, but due to the impact of the Middle East situation, market reactions are muted. The US stock indices fluctuate, and BTC prices hover around $70,000. Although it appears stable in the short term, market sentiment remains pessimistic, and whether the price can stay above $70,000 in the future remains uncertain, mainly depending on the development of the Middle East situation. Meanwhile, Binance's net flow data shows that investors withdraw BTC during market downturns, but selling pressure still exists.

On-chain detective claims that some institutional investors are pressuring HyperLiquid to keep trading addresses confidential

Gate News Report, March 12 — On-chain detective analyst Eye stated that some institutional investors in the crypto market are feeling uneasy after their trading wallet addresses on HyperLiquid were identified. Fearing that loss-making trades might be exposed, they have proactively contacted HyperLiquid and attempted to pressure them into not disclosing the related information. Previously, Eye had uncovered and revealed the "1011 Insider Whale."

XRP Today News: XRPL 2.7 million transactions hit a new high, token price diverges from "decoupling"

XRP ledger's daily trading volume reaches 2.7 million transactions, but the XRP token price remains steady at around $1.37, indicating that increased on-chain activity has not led to new capital inflows. Analysis shows that internal transfers within institutions and automated trading account for a high proportion, failing to create strong buying demand. Breaking through $1.61 is the key to future upward momentum, while the long-term target of $100 requires multiple conditions to align, including widespread institutional adoption and an improved market environment.