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13:08
Summary of Important Developments on the Evening of March 1
12:00 (UTC+8) - 21:00 (UTC+8) Keywords: Aave, X platform, tokenized gold, Kalshi1. Composition of Iran's Interim Leadership Committee2. Aave "100% of product revenue will be handed over to the DAO treasury" temperature check has passed3. Ethereum Q1 2026 return rate is currently -32.17%, Bitcoin is currently -23.21%4. X platform paid partnership policy update: cryptocurrencies, investment services, etc. do not meet promotion requirements5. Former Credit Suisse CIO: CME gold futures are closed on weekends, tokenized gold almost bears 100% of price discovery6. Kalshi CEO: Settlement based on death is not allowed, prediction markets related to Khamenei will be settled at the last traded price before his death
13:02
Data: Hyperliquid platform whales currently hold $2.936 billions in positions, with a long-short ratio of 0.97.
ChainCatcher news, according to Coinglass data, the current whale positions on the Hyperliquid platform amount to 2.936 billions USD, with long positions at 1.448 billions USD, accounting for 49.3% of the total, and short positions at 1.489 billions USD, accounting for 50.7%. The profit and loss for long positions is -116 millions USD, while the profit and loss for short positions is 200 millions USD.
12:42
Former Credit Suisse CIO: CME gold futures are closed on weekends, so tokenized gold is almost 100% responsible for price discovery
Jinse Finance reported that former Credit Suisse Chief Investment Officer Iggy Ioppe stated that since CME gold futures are closed from Friday 17:00 (EST) until reopening at Sunday 18:00, tokenized gold assets such as PAX Gold (PAXG) and Tether Gold (XAUt) become the only continuously tradable public markets during this period. Nearly all publicly visible gold price formation occurs on-chain, meaning that tokenized gold bears almost 100% of price discovery over the weekend. This week, against the backdrop of US and Israeli airstrikes on Iran, tokenized gold surged, with XAUt briefly surpassing $5,450 and PAXG approaching $5,536, while Bitcoin and Ethereum retreated simultaneously. The main participants currently include market makers, cross-market liquidity providers, and crypto-native macro traders, who use tokenized gold for arbitrage, collateral, hedging, and yield strategies. Some institutions also monitor on-chain gold movements over the weekend to assess the "gap risk" before CME opens, but most treat it as a reference signal rather than a direct basis for building positions.
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