Backpack founder Armani stated on March 25 that the team is reassessing witch hunt cases and will establish an appeal channel to protect user interests, returning at least 50% of tokens to eligible users and conducting token buyback compensation.

Nvidia's stock price plummeted shortly after the US stock market opened, dropping as much as 5%. Crypto trader CBB took the opportunity to continue adding to their position, with NVDA short positions increasing to $15.8 million, currently with an unrealized profit of about $310,000. CBB is quite influential in the trading community, with notable events including the short whale hunt.