π Santiment: sales of #BTC-kits and sharks from mid-February to early March contributed to the correction. But since March 3, wallets with 10+ BTC have accumulated almost 5000 BTC back. Perhaps they will continue to accumulate if market conditions improve.
π #ETH IntoTheBlock: Last week, $1.8 billion worth of ETH was withdrawn from exchanges, the highest weekly total since December 2022. Despite the continued pessimism regarding ETH prices, this trend suggests that many holders see current levels as a strategic buying opportunity.
πΊπΈπ€ The U.S. Department of Housing is considering cryptocurrencies and blockchain. theblock.co
π΅οΈββοΈ Whale (probably an insider) made another $2.15 million in just 50 minutes!
About 50 minutes ago, he sold 947 #ETH for 1.95 million #USDC and transferred it to Hyperliquid to open an ETH long with 50x leverage. Since ETH was rising rapidly, he closed the long and locked in a $2.15 million profit.
This whale had previously made $6.8M by opening a long on #BTC and ETH with 50x leverage before Trump's executive order.
About 50 minutes ago, he sold 947 #ETH for 1.95 million #USDC and transferred it to Hyperliquid to open an ETH long with 50x leverage. Since ETH was rising rapidly, he closed the long and locked in a $2.15 million profit.
This whale had previously made $6.8M by opening a long on #BTC and ETH with 50x leverage before Trump's executive order.
πΈπ¬ #BTC Singapore Exchange Ltd plans to launch open-ended BTC futures. Bloomberg.com
πΊπΈ Center for Political Responsibility: cryptocurrency companies spent $134 million on the U.S. election in 2024. These political donations further erode public trust and expose companies to legal, reputational and business risks that cannot be ignored. cointelegraph
π§ #ETH Ethereumβs Pectra upgrade on Sepolia faced disruptions after an unknown attacker exploited an edge case with a zero-token transfer, causing empty blocks to be mined.