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CME Bitcoin futures set a record gap of over $10,000
ChainCatcher reports, according to Cointelegraph, that the Chicago Mercantile Exchange (CME) recorded its largest ever Bitcoin futures gap following US President Trump's announcement of a cryptocurrency strategic reserve.
According to data from TradingView, this news added over $300 billion in trading volume to the spot market and resulted in a $10,000 gap in CME Bitcoin futures. This record gap surpassed the previous record slightly above $4,000 set in August 2024 as observed by Asymmetric founder Joe McCann on March 2nd.
Analyst Rekt Capital pointed out: "Bitcoin has filled the CME gap between $92,800 and $94,000 formed during last week's spot market crash." He added that Bitcoin successfully filled two CME gaps within a week but also created a new massive gap ranging from $84,650 to $94,000 during this process.
ChainCatcher reports, according to Cointelegraph, that the Chicago Mercantile Exchange (CME) recorded its largest ever Bitcoin futures gap following US President Trump's announcement of a cryptocurrency strategic reserve.
According to data from TradingView, this news added over $300 billion in trading volume to the spot market and resulted in a $10,000 gap in CME Bitcoin futures. This record gap surpassed the previous record slightly above $4,000 set in August 2024 as observed by Asymmetric founder Joe McCann on March 2nd.
Analyst Rekt Capital pointed out: "Bitcoin has filled the CME gap between $92,800 and $94,000 formed during last week's spot market crash." He added that Bitcoin successfully filled two CME gaps within a week but also created a new massive gap ranging from $84,650 to $94,000 during this process.
"Crypto Tsar" David Sacks confirmed that he had sold all his cryptocurrency holdings before taking up a position in the U.S. government
The head of artificial intelligence and encryption affairs at the White House in the United States, "Encryption Czar" David Sacks, confirmed on platform X that he had sold all his cryptocurrencies, including BTC, ETH, and SOL before starting administrative management.
The head of artificial intelligence and encryption affairs at the White House in the United States, "Encryption Czar" David Sacks, confirmed on platform X that he had sold all his cryptocurrencies, including BTC, ETH, and SOL before starting administrative management.
A certain address increased its holdings of 1397 MKR at an average price of $1538, approximately equivalent to $2.15 million
Onchain Data monitoring shows that 30 minutes ago, wallet 0xB4e withdrew 669 MKR (about $1.02 million) from CEX.
In the past 24 hours, this wallet has withdrawn a total of 1,397 MKR with an average purchase price of $1,538, totaling approximately $2.15 million. Two years ago, this wallet had accumulated a purchase of 3,234 MKR at an average price of $757.
Onchain Data monitoring shows that 30 minutes ago, wallet 0xB4e withdrew 669 MKR (about $1.02 million) from CEX.
In the past 24 hours, this wallet has withdrawn a total of 1,397 MKR with an average purchase price of $1,538, totaling approximately $2.15 million. Two years ago, this wallet had accumulated a purchase of 3,234 MKR at an average price of $757.
Trump's second son: Agrees with Trump's announcement of strategic reserve measures on Sunday, when traditional markets were closed
ChainCatcher news, Eric Trump, the second son of Trump, tweeted saying, "I like this genius move by (Trump) to announce strategic reserves on Sunday because traditional markets are closed at that time and Wall Street is asleep. Retail investors win for the first time. Traditional finance better catch up or it will soon be extinct. The world is no longer Monday to Friday, nine to five."
ChainCatcher news, Eric Trump, the second son of Trump, tweeted saying, "I like this genius move by (Trump) to announce strategic reserves on Sunday because traditional markets are closed at that time and Wall Street is asleep. Retail investors win for the first time. Traditional finance better catch up or it will soon be extinct. The world is no longer Monday to Friday, nine to five."
A certain giant whale is clearing out PEPE and BEAM to switch to ONDO
OnchainLens monitoring indicates that a certain whale has sold all of its PEPE and BEAM holdings, exchanging them for 6.25 million DAI, with a loss of 14.14 million US dollars. Subsequently, this whale spent DAI to purchase 5.34 million ONDO at an average price of $1.17 each.
OnchainLens monitoring indicates that a certain whale has sold all of its PEPE and BEAM holdings, exchanging them for 6.25 million DAI, with a loss of 14.14 million US dollars. Subsequently, this whale spent DAI to purchase 5.34 million ONDO at an average price of $1.17 each.
Metaplanet has increased its holdings by 156 BTC at an average price of $86,151, bringing the total amount held to 2,391 BTC
The Japanese listed company Metaplanet has announced that it has purchased an additional 156 bitcoins at an average price of 12,952,147 yen (approximately $86,151). The total purchase amount is 2.021 billion yen. The current total bitcoin holdings have reached 2,391 coins with an average purchase price of 12,475,149 yen per coin and a total investment amount of 29.828 billion yen.
The Japanese listed company Metaplanet has announced that it has purchased an additional 156 bitcoins at an average price of 12,952,147 yen (approximately $86,151). The total purchase amount is 2.021 billion yen. The current total bitcoin holdings have reached 2,391 coins with an average purchase price of 12,475,149 yen per coin and a total investment amount of 29.828 billion yen.
Opinion: "Strategic reserves covering altcoins" may be a typical negotiation strategy of Trump
PANews reported on March 3rd that Udi Wertheimer, the founder of Taproot Wizards, posted on platform X:
"So far, the best view I've seen about strategic reserves is that this is just a typical negotiation strategy for Trump.
To truly establish reserves, Trump must convince Congress; he cannot decide alone. Whenever Trump needs to persuade other stakeholders, he always first proposes an absurd claim which can be withdrawn later.
So in Trump's chess game language, this simply means he's telling Congress 'If you don't agree with Bitcoin reserves, I'm going to propose even more outrageous conditions'."
PANews reported on March 3rd that Udi Wertheimer, the founder of Taproot Wizards, posted on platform X:
"So far, the best view I've seen about strategic reserves is that this is just a typical negotiation strategy for Trump.
To truly establish reserves, Trump must convince Congress; he cannot decide alone. Whenever Trump needs to persuade other stakeholders, he always first proposes an absurd claim which can be withdrawn later.
So in Trump's chess game language, this simply means he's telling Congress 'If you don't agree with Bitcoin reserves, I'm going to propose even more outrageous conditions'."
Galaxy Digital recently transferred 7.33 million UNI to CEX on the 11th
According to on-chain data analysts, in the past 11 days, there have been 7.331 million UNI (approximately $63.18 million) flowing from Galaxy Digital into CEX. During the same period, there was not a large amount of UNI withdrawn from CEX and the price of UNI also fell from $9.5 to a low of $7.1 during this time.
According to on-chain data analysts, in the past 11 days, there have been 7.331 million UNI (approximately $63.18 million) flowing from Galaxy Digital into CEX. During the same period, there was not a large amount of UNI withdrawn from CEX and the price of UNI also fell from $9.5 to a low of $7.1 during this time.
Possibly influenced by the "favorable news" of token issuance, CRO has risen 13%
On March 3, according to market data, possibly affected by the positive news of a new token issuance proposal, CRO rose by 13%, with a current price of $0.093.
Previously reported, Crypto.com's strategic blockchain project Cronos proposed to reissue the 70 billion tokens that were destroyed in February 2021, restoring the total amount to 100 billion as its own strategic reserve. The officials stated that the proposed additional issue of 70 billion tokens will be locked for up to ten years and unlocked linearly each month.
On March 3, according to market data, possibly affected by the positive news of a new token issuance proposal, CRO rose by 13%, with a current price of $0.093.
Previously reported, Crypto.com's strategic blockchain project Cronos proposed to reissue the 70 billion tokens that were destroyed in February 2021, restoring the total amount to 100 billion as its own strategic reserve. The officials stated that the proposed additional issue of 70 billion tokens will be locked for up to ten years and unlocked linearly each month.
In the past 12 hours, a total of $751 million has been liquidated across the network, mainly short positions
BlockBeats News, March 3rd, according to Coinglass data, in the past 12 hours, a total of $751 million has been liquidated across the network. Of this amount, long positions accounted for $237 million and short positions accounted for $515 million.
BlockBeats News, March 3rd, according to Coinglass data, in the past 12 hours, a total of $751 million has been liquidated across the network. Of this amount, long positions accounted for $237 million and short positions accounted for $515 million.