According to an article by Garrett Jin, an agent for Odaily's "1011 Insider Whale," the Strait of Hormuz has been closed for 16 days. Since February 27, oil prices have risen by approximately 45%, with Brent crude oil prices exceeding $103. There are still no signs of a ceasefire. The Strategic Petroleum Reserve (SPR) may only be able to cover about 12% to 15% of the supply gap. The recommended trading strategy in the near term is to be bullish on crude oil and reduce equity exposure, especially assets in net energy-importing economies such as Japan, South Korea, and Europe. Furthermore, with rising interest rates, the US dollar, and oil prices, overall market liquidity is tightening. Investors should maintain cash positions, shorten duration, and be more vigilant.

Odaily Planet Daily reports that Iran's Foreign Minister stated that Iran welcomes any initiative that could lead to a complete end to the war. According to Iranian media Fars News, the Foreign Minister also said that Iran is prepared to form an investigative committee with regional countries to investigate the targets of the attacks. Israel is a possible mastermind behind the attacks on civilian targets in Arab countries. (Jin Shi)

According to Onchain Lens monitoring, a whale that had been inactive for eight months deposited 211,343 Trumps into the Gate, worth $847,400, incurring a loss of $1.28 million. This whale also held 18,787 SOLs, worth $1.66 million.

Odaily Planet Daily reports that Polkadot announced on its X platform that its token issuance model upgrade officially took effect on March 14th. This protocol update introduces several key adjustments, including setting the maximum supply of the native token DOT at 2.1 billion. Currently, approximately 80% of the tokens have already been issued. Simultaneously, the DOT issuance rate will be reduced by approximately 53% on March 14th, with plans to continue gradually decreasing in the future. It is understood that these adjustments were proposed by the community and approved through the OpenGov governance mechanism, aiming to limit the long-term issuance scale while maintaining network incentives and providing the market with a more transparent and predictable token issuance path.

According to Odaily Seer, Polymarket launched a new market yesterday asking "When will the military action against Iran end?", and the current probability of "No" is 87%. Odaily Seer continues to monitor the prediction market, seeing changes before pricing.