According to Odaily, a significant Ethereum holder, who received the largest compensation in ETH during the liquidation of Genesis Trading last August, has recently sold 40,000 ETH through an over-the-counter broker. The sale, valued at approximately $89.2 million, occurred over the past two days. The whale transferred 30,000 ETH to Galaxy Digital and 10,000 ETH to FalconX, receiving $20 million USDC from Galaxy Digital and $19.49 million USDC from FalconX in return. The Ethereum in question originated from the liquidation compensation of the bankrupt Genesis Trading, where the address received 114,500 ETH, valued at $358 million at the time. When the compensation was received, the price of ETH was $3,128 USDT. However, the current price of ETH has decreased by 30%, leading to a depreciation of $110 million in the value of the compensated ETH.

Odaily Planet Daily News According to Ember's monitoring, the whale/institution that received the most ETH in the liquidation compensation of Genesis Trading in August last year has sold 40,000 ETH through broker OTC in the past two days, worth about 89.2 million US dollars. He transferred 30,000 ETH to Galaxy Digital and 10,000 ETH to FalconX in the past two days. Then he received 20 million USDC from Galaxy Digital and 19.49 million USDC from FalconX. The ETH in this address came from the liquidation compensation of the bankrupt institution Genesis Trading in August last year. Received 114,500 ETH (US$358 million), which was the address that received the most ETH at that time. When he received the compensation last year, the ETH price was 3,128 USDT. Now the ETH price has fallen by 30% from that time. The value of the 114,500 ETH paid out shrunk by $110 million.

Research report, Crypto market, Where are we in this cycle? What macro issues should we be concerned about? Golden Finance, In the future, thinking about "cycles" may not be so important anymore.

1. The invitation to the Trump Crypto Summit has been sent, and the event time has been determined; 2. David Sacks, the White House AI and Crypto Director, confirmed that he is no longer an investor in Multicoin; 3. The trade war has shaken Deutsche Bank's hawkish view of the Federal Reserve, and interest rate cuts are no longer impossible this year; 4. David Sacks, the White House AI and Crypto Director: Supports the withdrawal of the so-called DeFi broker rules; 5. Fed Williams: There is still great uncertainty in the development of tariffs, but currently does not think that interest rate policy needs to be changed; 6. The President of Belarus ordered the development of cryptocurrency mining to generate income from excess electricity; 7. Across Protocol completed $41 million in financing, led by Paradigm; 8. People familiar with the matter said that the United States and Ukraine plan to sign a mineral agreement, and Trump will announce it today; 9. The US SEC agreed to withdraw the lawsuit against Cumberland DRW; 10. Coinbase, Robinhood CEO and many other industry executives have confirmed to attend the White House Crypto Summit; 11. The US Treasury Department sanctioned 49 Bitcoin and Monero addresses involving the dark web market Nemesis ; 12. Analysis: The probability of the US-Canada trade war ending before May on Polymarket has jumped to 70%, and the crypto market may rebound due to this news; 13. President of El Salvador: Will not stop increasing Bitcoin holdings due to the IMF agreement.

Everything you need to know about the White House crypto summit on Friday and how we got here. source: https://decrypt.co/308691/trump-crypto-summit-industry-crypto-council

According to BlockBeats, data from Farside Investors indicates that Franklin's EZBC saw a net outflow of $31.7 million on March 5.

OKX market shows that BTC has broken through 87,000 USDT and is now at 87,010.4 USDT, with a 24-hour increase of 1.31%. (This newsletter is generated by AI)

Odaily Planet Daily News Since Trump's election, XRP and Cardano (ADA) have risen by 375% and 163%, respectively, while Bitcoin, Ethereum and Solana have performed relatively weakly. The gains in XRP and ADA benefited from the improved regulatory environment of the Securities and Exchange Commission (SEC). The SEC, led by new acting chairman Mark T. Uyeda, has stopped enforcement actions against several major cryptocurrency companies, including Coinbase and Kraken. Bitcoin is currently trading at around $86,700, up about 29% since November, but well below its January high of $108,000. Some researchers believe that if Trump had not included Cardano in the reserves, its performance would have been inferior; XRP's rise is more due to the expected end of the lawsuit with the SEC. (Decrypt)

سجلت TRON (TRX) زيادة كبيرة في تحويلات USDT (TRC-20). وقد عزز ذلك من مكانتها باعتبارها البلوكتشين الرائدة في معاملات العملات المستقرة. تُشير البيانات إلى أنه قد تم تحويل ما قيمته 11.4 مليار دولار أمريكي من USDT، مع إرسال 1.83 مليار دولار أمريكي إلى البورصات المركزية الرئيسية (CEXs). بإجمالي 1.89 مليون معاملة، تحتفظ TRON بسيادتها كشبكة […] The post TRON تقود طفرة بقيمة 11.4 مليار دولار أمريكي:... source: https://www.thecoinrepublic.com/ar/2025/03/04/tron-%d8%aa%d9%82%d9%88%d8%af-%d8%b7%d9%81%d8%b1%d8%a9-%d8%a8%d9%82%d9%8a%d9%85%d8%a9-11-4-%d9%85%d9%84%d9%8a%d8%a7%d8%b1-%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d8%a3%d9%85%d8%b1%d9%8a%d9%83%d9%8a-%d8%aa/

TRON (TRX) has recorded a major increase in USDT (TRC-20) transfers. This reinforced its position as the leading blockchain for stablecoin transactions. Data shows that $11.4 Billion worth of USDT has been transferred, with $1.83 Billion sent to major centralized exchanges (CEXs). With 1.89 million total transactions, TRON retains its dominion as a popular network […] The post TRON Leads... source: https://www.thecoinrepublic.com/2025/03/04/tron-leads-11-4b-usdt-surge-big-crypto-liquidity-shift-underway/

A closely followed analyst says deep-pocketed investors are heavily loading up on two large-cap altcoins as the crypto market witnesses an abrupt spike in volatility. Trader Ali Martinez tells his 129,500 followers on the social media platform X that crypto whales snapped up about $2.16 billion worth of the payments altcoin XRP in just one […] The post Crypto Whales Gobble Up $2,510,550,217 in... source: https://dailyhodl.com/2025/03/04/crypto-whales-gobble-up-2510550217-in-xrp-and-cardano-ada-in-just-a-day-according-to-analyst/

Multicoin Capital said that over the past three years, it has accumulated a considerable position in Jito Network's native token JTO through its hedge funds and venture capital funds.

Golden Finance launches the 2620th issue of "Golden Morning 8:00", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.

Even if there is more volatility ahead, investors should take a long-term view.

BTC, Trump, Cryptocurrency, US Crypto Strategic Reserve Analysis: Which Cryptocurrencies Can Be Used as Reserve Assets? Golden Finance, We Will Accelerate into an Unprecedented State of Degeneration.

The key lies in whether AI Agent can be put into practical application.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

CZ seemed very aggrieved. Why did a tweet he casually retweeted cause such a big controversy?

The Trump administration is promoting cryptocurrency-friendly policies, exploring the establishment of a national Bitcoin reserve, and improving the regulatory framework to consolidate the United States' leadership in the global crypto economy.

Recommended readings tonight: 1. Arthur Hayes: We are still in a bull market cycle; 2. Grayscale: What factors caused the crypto market to fall in February? Will it continue to weaken in the future; 3. Is the decline of the United States worth worrying about? ;