Major whale "Ultimate Short" recently increased positions in Nasdaq-100 index long positions with a scale of $13.6 million, marking its shift from long-term BTC short positions to long positions in US tech stocks. Previously, after profiting $61.4 million from BTC short positions, it has completely closed those positions.

World Chain announces adoption of ERC-8183 standard, which supports smart agent commercial applications and was jointly released with the Ethereum Foundation team. ERC-8183 emphasizes custodial mechanisms for on-chain smart contracts, with task flows passing through four major states to ensure trustless transactions.

Gate News reports that on March 20, a certain CEX announced major corporate governance adjustments, with founder Cha Myung-hoon assuming the role of sole CEO of the exchange. This leadership transition marks an important strategic shift for the exchange.

On March 20, the three major U.S. stock indices fell collectively, and precious metals came under pressure as the overall market weakened. SanDisk (SNDK) rose against the trend, gaining 2.44% and reaching a new high, currently trading at 774 dollars. Among on-chain long whale holders, the largest position holder's profits increased significantly, with floating gains rising from 840,000 dollars to 1.43 million dollars.

Morgan Stanley has recently submitted a revised S-1 filing for a Bitcoin ETF planned for listing in the United States under the ticker symbol MSBT, with an initial issuance of 10,000 shares and expected fundraising of approximately $1 million. The firm may become the first major bank to directly issue a spot Bitcoin ETF. Market demand is being driven by self-directed investors, and improvements in the regulatory environment will facilitate capital inflows, driving expansion of the Bitcoin ETF market.

Gate News, on March 20, Santiment data showed that over the past three months, the number of Bitcoin whale wallets holding more than 100 BTC increased by 753, representing a 3.9% increase. Notably, this growth occurred while Bitcoin's price declined 20.2% during the same period. The increase in the number of large holders suggests that major investors remain confident in the long-term potential of cryptocurrencies.

According to Gate News, Bitcoin spot ETFs saw total net outflows of $89.65 million on March 20, with major outflows from BlackRock, Fidelity, Bitwise, and Ark, while Franklin and Valkyrie recorded small inflows.

Amber Group CEO Michael Wu stated that the FTX collapse at the end of 2022 and the departure of co-founders were major setbacks in his career. He focused on addressing company challenges to get it back on track, but remained discouraged by the end of 2023, which challenged his belief in a linear upward trajectory in life.

Gate News reports that on March 19, the X platform (formerly Twitter) plans to release a major update to its AI recommendation algorithm next week and will open-source the algorithm simultaneously. This move aims to enhance algorithm transparency and promote community collaboration to improve the algorithm's performance and reliability.

Gate News, on March 19, Musk recently posted on social media stating that xAI's recommendation algorithm will launch a major update next week and will be open-sourced.