Gate News report: On March 24th, according to Onchain Lens monitoring, a newly created wallet address opened a long position of 5757.57 GOLD with 25x leverage, valued at approximately $25.41 million.

Gate News Report: On March 24, spot gold pulled back approximately 70 dollars in the short term, with the latest quote at 4398.66 dollars/ounce. On the news front, Turkey is considering mobilizing 135 billion dollars in gold reserves to defend the lira (Turkey's legal tender).

Bitcoin's correlation with gold has declined significantly, reaching a new low since 2022, with the market viewing it as a potential cycle turning point signal. Analysis indicates that Bitcoin may have entered a bottom-building phase, and whale addresses holding Bitcoin are increasing, showing that large capital is still positioning. Meanwhile, gold has formed a bearish structure, which may drive capital flows toward digital assets. In the short term, Bitcoin's movement is influenced by macroeconomic data, but the overall structure shows enhanced resilience.

ウォレットが225万USDCをHyperLiquidに入金し、10倍のレバレッジで2,271.55 GOLDのロングポジションを開きました。価値は0.1928374656574839201兆ドルです。

Gate News Alert: On March 23rd, Coinglass data shows that gold (XAU) experienced liquidations totaling $25.566 million over the past 24 hours, with long position liquidations of $22.4778 million and short position liquidations of $3.1171 million. The largest single liquidation occurred on a certain CEX with an amount of $7.1 million.

Gate News Report: On March 23rd, according to monitoring by on-chain analysis platform Lookonchain, whale address 0x9e8b opened a 20x leveraged long position on gold (xyz:GOLD) 1 hour ago, with a position size reaching $7.61 million. The current liquidation price is $1,583.12.

Gate News Report: On March 23rd, spot gold fell below $4,100 per ounce for the first time since November 24th of last year, plunging 8.6% or $388 intraday, breaking through multiple round-number levels consecutively, with gold's cumulative decline exceeding 22% this month.

Gate News Alert: On March 23, Onchain Lens monitoring showed that Sky co-founder Rune opened a new 20x leverage long position in $GOLD (gold) during a price decline at $GOLD . At the same time, Rune is closing out a previously held $SP500 position.

Gate News Alert: On March 22, on-chain analyst The Data Nerd monitoring revealed that UK crypto investment firm Abraxas Capital began closing $GOLD (Gold) short positions approximately 2 hours ago to realize profits. As of now, the company's unrealized profit and loss on this $GOLD short position is approximately $2.67 million.

Xinda Futures Research points out that gold price movements are affected by rising energy prices and interest rate expectations. The Middle East conflict has driven crude oil to elevated levels, exacerbating market inflation concerns and suppressing gold prices. The market expects the Federal Reserve to maintain interest rates unchanged, but Powell's assessment will influence subsequent policy decisions.