March 17th, multiple whale addresses collectively went long on HYPE. The 0xE7ec address went long on 267,758 HYPE with 3x leverage, the 0x535e address went long on 111,694 HYPE with 10x leverage, the 0x7E4E address went long on 200,000 HYPE with 2x leverage, with a total value exceeding $25 million.
March 16, according to Onchain Lens data, a certain institutional address maintained high-leverage long positions amid market recovery, with unrealized profits exceeding $23.5 million. Their holdings include 70,000.7 ETH and 700 BTC, with recent new profits reaching $15.5 million.
Gate News reported that on March 16, Standard Chartered Bank raised its price forecast for Brent crude oil (international crude oil benchmark price), raising its 2026 forecast to $85.5 per barrel and its 2027 forecast to $77.5 per barrel.
Bitwise Chief Investment Officer Matt Hougan predicts that Bitcoin spot ETFs will accumulate approximately $60 billion in net inflows from January 2024 to October 2025. Despite a potential 50% decline in Bitcoin price, ETF net outflows would be less than $10 billion, indicating that institutional investors remain holding positions. Hougan believes that as a non-consensus asset, Bitcoin investment requires high conviction, and capital demonstrates greater "stickiness" during volatility. He anticipates Bitcoin could potentially reach $1 million within 10 years.