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BlockBeats News, March 31st, according to Hyperinsight monitoring, Google's paper-induced panic continues to ferment, overlayed with multiple geopolitical conflicts, putting pressure on the semiconductor sector as a whole. Certain technology stocks closed sharply down, further declining after hours; other representative stocks closed and post-market trading together dropped significantly; another major company also fell back intraday, with the entire sector experiencing setbacks. Against this backdrop, heavily positioned in the semiconductor sector, the largest long whale "Continue Capital affiliated address" faced the liquidation line with two long positions at one point, with a low point only 1.6% away from liquidation, currently the closest address to liquidation among whales holding over a million dollars. The total floating loss has expanded to $2.32 million, still holding a total of $13.1 million in long positions, yet to be closed: 5x leveraged long position: $7.58 million, average price $190, floating loss $1.13 million (-246%), liquidation price $159.9; 7x leveraged long position: $5.52 million, average price $390, floating loss $1.19 million (-270%), liquidation price $310.

BlockBeats News, March 31st, according to Hyperinsight monitoring, the three major U.S. stock index futures rebounded by nearly 1% after being boosted by the news of "Trump considering withdrawing troops without resolving the blockade of the Strait of Hormuz." The Hyperliquid platform's S&P500 contract once rebounded above $6,410 and is now trading at $6,398. During the slight market recovery, renowned crypto trader Ray (X: 0xRay518) opened a 20x leveraged short position on the S&P500 after it surged above $6,400, continuing to add to the short position at $6,410. Currently, his position has been increased to $9.35 million, with an average price of $6,405, a floating profit of $10,000 (2.1%), a liquidation price of $6,660, now holding the largest short position on the S&P500 on Hyperliquid.

Glonghui, March 31 – Anna Wu, cross-asset strategist at VanEck Associates Corp., stated that Micron Technology has fallen by 22% this month, and this sell-off may be somewhat overdone. "Once the market moves past the war-time panic and realizes how cheap its valuation has become, I think it could see a rather strong rebound."