Gate News Report, March 9, According to Hypersight monitoring, Sky co-founder Rune used high leverage to heavily long oil assets on the Hyperliquid platform over the weekend, while simultaneously using low leverage to short US stock indices (such as the S&P 500, Nasdaq, etc.) and Ethereum. After the traditional market opened, oil prices surged instantly, while Bitcoin and Ethereum plummeted sharply led by the US stock market. As of press time, his account unrealized gains have exceeded $2 million.

Gate News Report, March 9th, according to Onchain Lens monitoring, crude oil futures (CL) reached $111.5. MakerDAO founder Rune's 7x leveraged long position on CL currently has over $1 million in unrealized profit.

Gate News Report, March 9 — According to Onchain Lens monitoring, the CL token price once surged to $111.5. The 7x CL long position opened by the whale Rune is currently floating with a profit of over $1 million. On the other side, the 20x CL short position opened by the whale Loracle is currently floating with a loss of $1 million.

Gate News Report, March 8: According to Onchain Lens monitoring, Sky co-founder Rune has opened a 7x leveraged short position on ETH and the Nasdaq 100 (U.S. Nasdaq 100 Index). Previously, Rune was long on crude oil futures CL (WTI crude oil, U.S. crude oil futures benchmark) and Brent Oil (Brent crude oil, international crude oil futures benchmark). Currently, their account still holds

Former New York City Mayor Eric Adams released a meme coin project called “NYC Token” on Times Square on his first day out of office. However, just hours after the launch, on-chain data showed that a large amount of liquidity may have been withdrawn. Rune Crypto warned that at least $3.4 million had been drained, and another user, StarPlatinum, stated that the project was highly centralized and risky. The token is deployed on the Solana platform with a total supply of 1 billion tokens, of which 70% are labeled as “New York City Token Reserve” and will not enter circulation immediately. Adams stated at the press conference that proceeds from NYC Token would be used to fund public welfare projects related to anti-Americanism and anti-Semitism, and donated to an unnamed non-profit organization. He pointed out that through tokenization, New York City could achieve greater transparency and efficiency, leveraging blockchain technology to improve city governance.

As the end of the year approaches, Bitcoin network activity has dropped to its lowest level in 12 months, with active addresses and miner revenue both declining significantly, indicating limited demand for block space. In particular, Rune trading pairs contribute insufficient transaction fees, leading to a mismatch between network utilization and value creation.

Golden Finance reports that the cross-chain asset swap protocol THORChain announced on platform X that the amount of RUNE token burning has exceeded 1 million, now reaching 1,000,286.92. Additionally, its retweeted post reveals that the new THORChain frontend is now live.

Odaily News Sky Protocol founder Rune announced that after the core simplification plan significantly dropped core expenses, the profit page has been updated, based on annualized calculations of costs over the past three months, and it shows real-time stable fee income and savings rate expenditures, with current annualized profits reaching 338 million dollars.

ChainCatcher news, Binance will suspend THORChain (RUNE) token deposits and withdrawals on August 29, 2025, at 00:00 to support its network upgrade and Hard Fork. The network upgrade is expected to occur at Block Height 22,598,000, scheduled for August 29, 2025, at 01:00. Users can continue to trade the related tokens normally, and Binance will assist in handling technical issues.