Forced liquidation of $141 million in futures positions in the last hour
Major exchanges saw $141 million in futures positions forcibly liquidated in the last hour.
In the past 24 hours, $502 million in futures positions were forcibly liquidated.
Anonymous whale purchases 35,000 ETH
On-chain Lens reported that "an anonymous whale/institution added 35,237 ETH, worth $155 million. As a result, their holdings increased to 328,421 ETH".
Sharplink purchases 5,226 ETH... holdings exceed 600,000
LookOnChain reported that Sharplink Gaming purchased an additional 5,226 ETH ($23.1 million) an hour ago. Current holdings are 604,026 ETH ($2.69 billion).
61,987 ETH transferred... Anonymous โ Coinbase Prime
According to Whale Alert, 61,987 ETH was transferred from an anonymous address to a Coinbase Prime address. This is worth $270 million.
New wallet withdraws 23,000 ETH from Kraken
LookOnChain reported that "a new wallet withdrew 23,365 ETH ($104 million) from Kraken in one hour". Exchange withdrawals are typically interpreted as holding purposes.
Odin.fun suspends trading... investigating unusual withdrawals
The Bitcoin trading platform Odin.fun has suspended trading to investigate recent withdrawal issues. Previously, approximately 60 BTC were reportedly abnormally transferred due to a platform vulnerability.
Coinbase supplies USDC, EURC liquidity to DeFi platforms
Coinbase announced the reactivation of its stablecoin bootstrap fund to increase stablecoin liquidity in the DeFi market. It supplied USDC and EURC to Aave, Morpho, Camino, and Jupiter. Coinbase had initially started the bootstrap fund in 2019 to provide USDC liquidity to DeFi platforms.
Circle plans to sell 10 million Class A shares
Solid Intel reported that USDC issuer Circle has applied to issue 10 million Class A common shares. The new issuance is 2 million shares, with 8 million shares from existing shareholder sales.
Coinbase adds WCT to listing roadmap
Coinbase announced that it has added WCT to its listing roadmap.
Chainlink rally... whale transactions surge
Sentiment reported that "Chainlink (LINK) temporarily broke $24 for the first time since February 2nd. During the 5-day rally, whale transactions surged to 713 per day, and exchange balances decreased by about 10%".
1-year dormant whale deposits 711 ETH to Kraken
On-chain Lens reported that "a whale dormant for a year deposited 711 ETH to Kraken". Exchange deposits are typically interpreted as selling intentions.
US SEC Commissioner "Not waiting for cryptocurrency bill"
US SEC Commissioner Hester Peirce said she is not waiting for the cryptocurrency bill to pass. This suggests she will support the crypto industry's development regardless of legislation.
Belarus President "Will pass pro-Bitcoin policy"
According to Bitcoin Historian, the Belarus President promised to pass a pro-Bitcoin policy, stating that Bitcoin and cryptocurrencies are very important for the entire nation.
Russia discovers over 8,000 illegal crypto mining machines
Bitcoin News reported that Russian authorities discovered over 8,000 illegal cryptocurrency mining machines in Irkutsk, Siberia.
New Yorker: Trump earned $2.4 billion from crypto businesses
The New Yorker estimated that Trump earned approximately $2.4 billion from cryptocurrency-related businesses since 2022. This includes $14.4 million from Non-Fungible Token sales, $412.5 million from World Liberty Financial Token sales, $243 million from cryptocurrency transactions with the UAE, $13 million from American Bitcoin mining company, $1.3 billion from Trump Media & Technology Group, and $385 million from Trump meme coins. These crypto business ventures represent 43.5% of his personal wealth accumulated during his political career.
White House: "Trump-Putin meeting on Friday"
The White House announced that the Trump-Putin meeting will be held on Friday in Anchorage, Alaska.
US Labor Statistics Director nominee proposes stopping employment indicator disclosure
Fox Business reported that E.J. Antoni, the Heritage Foundation's chief economist nominated by Trump as Labor Statistics Director, proposed stopping monthly employment reports. This was from an interview before his nomination.
US stock market's three major indices close higher
The US stock market's three major indices closed higher.
S&P500: +1.13%
Nasdaq: +1.39%
Dow: +1.1%
S&P500 reaches all-time high
The S&P500 index broke its all-time high during trading.
BTC holders restrain profit-taking... potential for further rise
Coindesk reported that daily BTC profit-taking is below $750 million, significantly lower than January and July's peak of $2 billion. This different pattern suggests BTC has room for further increase.
ETH breaks $4,600
ETH broke $4,600 USDT on Binance.
ETH breaks $4,500
ETH broke $4,500 USDT on Binance.
BTC exceeds $120,000
According to Coinness market monitoring, BTC exceeded $120,000. On Binance USDT market, BTC is trading at $120,113.66.
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