President Trump said several countries plan to deploy warships alongside US naval forces to help reopen the Strait of Hormuz. The nations will coordinate with the United States in the strategic waterway to support efforts to restore navigation.

Address 0x15a4 closed a Bitcoin long position for a realized profit of $1.88M about an hour ago and withdrew 7.136M USDC from Hyperliquid, data show. The whale purchased 1,827 ETH spot two hours earlier and now holds 12,028 ETH valued at $24.97M. The address has halted perpetual futures activity and shifted to spot trading.

The Ethereum Foundation transferred 5,000 ETH valued at $10.38M to a newly created wallet approximately 30 minutes ago, on-chain data show. The transaction moved funds from the foundation's holdings to the fresh address in a single operation.

Crypto derivatives liquidations totaled $178 million over the past 24 hours, with long positions accounting for $143 million and short positions for $34.715 million, CoinGlass data show. Bitcoin liquidations reached $66.691 million and Ethereum $42.15 million. Over the same period, 69,679 traders were liquidated, with the largest single liquidation on Hyperliquid's BTCUSD pair at $36.007 million.

Whale address 0x743d accumulated 11,985 ETH over four days at an average price of $2,068, spending $24.79 million, Lookonchain data show. The address most recently deployed 3.79 million USDT to purchase 1,827 ETH on March 14.

Whale address 0x3ed4 resumed activity after nearly two months, depositing $1.75M USDC on Hyperliquid to build a long position on oil. Within the past four hours, the trader opened a 20x leveraged long on 113,080 xyz:CL valued at $11.52M, with a liquidation price of $88.4.

Whale address 0x743d purchased 1,827 ETH for 3.79M USDT, on-chain data show. Over the past 4 days, the address accumulated 11,985 ETH by spending 24.79M USDT at an average price of $2,068.

Donald Trump said on Truth Social that the United States and several allied countries plan to deploy warships to the Strait of Hormuz to keep the waterway "open, safe, and free." He called on affected nations including China, France, Japan, South Korea and the UK to join the operation. Trump said Iran, which he described as "totally decapitated" (using a derogatory remark), could still threaten the corridor with drones or mines. The U.S. said operations will continue until shipping lanes are secure.