According to Coinglass data, the total liquidation in the past 24 hours was 830 million US dollars, with long positions liquidated at 286 million US dollars and short positions liquidated at 543 million US dollars. Among them, Bitcoin liquidated 313 million US dollars and Ethereum liquidated 155 million US dollars.

According to on-chain data analyst Yu Jin's monitoring, in the past 11 days, a total of 7.331 million UNI tokens (equivalent to 63.18 million US dollars) have flowed from Galaxy Digital to Binance and OKX. During the same period, there was not a large amount of UNI withdrawn from Binance, and the UNI price dropped from $9.5 to a low of $7.1 during this period.

Consensys founder Joseph Lubin commented on the tweet of the current executive director of Ethereum Union, "This is really a model of instant response and confident leadership to showcase the Ethereum ecosystem. Before and after the November 5th election, I and my colleagues at Consensys spent a lot of time in Washington, D.C. The Trump administration is very aware of Ethereum's position, maturity, and capabilities. The Trump family is very enthusiastic about conducting many businesses on Ethereum. Of course, they will use other chains and tokens as needed, but besides holding Bitcoin, there is no other track that is a wise choice for high-value projects, such as DeFi and RWA. We are happy to coordinate the information dissemination between EF and the Ethereum community."

CZ stated on X platform that Trump said "BTC, ETH, and other valuable cryptocurrencies will be included in the strategic reserve of cryptocurrencies", but now all holders' attention is focused on "other", he believes that there is no need for excessive analysis, more "valuable cryptocurrencies" may be added over time, and more countries will also follow suit.

The DeFi oracle RedStone is now live on the Sui network, providing BTC holders with stronger borrowing and staking opportunities. Developers can now use real-time reliable price oracles to provide accurate on-chain pricing support for Bitcoin-based DeFi applications.

An individual who operated illegal crypto ATMs in the UK has been sentenced to four years in prison, marking the country's first criminal sentencing for unregistered crypto activity. Olumide Osunkoya was found guilty of running a network of crypto ATMs without the necessary regulatory approval, according to the Financial Conduct Authority (FCA). The FCA emphasized that this case sends a strong message to those who disregard regulations and engage in criminal activities. Osunkoya, who pleaded guilty to multiple charges, also faced sentencing for forgery and possession of criminal proceeds obtained through the operation of illicit ATMs. The FCA recently conducted a crackdown on illegal crypto ATMs in collaboration with local law enforcement agencies, resulting in the removal of numerous machines across the country.

On March 3rd, the contract whale "first set 10 big goals" (@jasonleo) posted a screenshot of the contract order on social media, showing that the whale closed its long position opened at $83,563.92 in Bitcoin at 2:47 am today, with a closing price of $92,630.6 USDT, for a total profit of $15,394,374.05 USDT.

According to on-chain analyst Yu Jin's monitoring, the 499,000 ETH stolen by Bybit hackers is finally about to be sold out (today or tomorrow): now there are only 60,000 ETH (approximately $1.48 billion) left in the address waiting to be laundered. In the past 24 hours, Bybit hackers have laundered 96,500 ETH.

Caixin News Agency reported that Buffett made rare comments on the Trump tariff issue, saying that punitive tariffs could trigger inflation and harm consumer interests. "In fact, we have had a lot of experience in tariffs. To some extent, tariffs are a form of warfare. In the long run, tariffs are a tax on goods."

In response to "Trump is pushing forward with a cryptocurrency reserve plan," BitMEX co-founder Arthur Hayes wrote on X platform: "There is nothing new here, just empty talk. Tell me when they get congressional approval to borrow money or raise the price of gold. Without these, they have no money to buy bitcoin and altcoins."

Coinbase co-founder and CEO Brian Armstrong commented on social media regarding the "Trump is pushing forward the cryptocurrency reserve plan" saying, in terms of strategic reserve asset allocation, Bitcoin may be the best choice, as the successor to gold, Bitcoin has the simplest and clearest narrative. If people want more variety, they can market-weight the crypto assets to maintain fairness. But perhaps choosing only Bitcoin is the simplest.

According to Coingecko data, after being selected as one of the five major targets of Trump's cryptocurrency war reserve, the market value of Ripple (XRP) has surpassed Tether, becoming the world's third largest cryptocurrency again. This morning, its market value briefly exceeded $170 billion.

Pierre Rochard, Vice President of Riot Platforms, tweeted, "When all countries have large positions in Bitcoin and a small basket of their own domestic cryptocurrencies, the new world reserve currency defaults to Bitcoin. Few people understand this."

According to on-chain analyst The Data Nerd, whale address EwkH5 borrowed 2.654 million USDC from Kamino 4 hours ago, and then exchanged it for 22.76 thousand TRUMP tokens.

Bitcoin fell to around $80,000 in the Asian market on Friday, hitting its lowest level since November 11. Chris Newhouse, research director at Cumberland Labs, pointed out, "Tariff policies further dampened market prospects, while stubbornly high short-term inflation expectations intensified overall caution. The Bybit exchange hack added additional downward pressure on prices and had a negative impact on market sentiment." Cryptocurrencies also face greater pressure from investors' risk aversion, as they have withdrawn Trump-related trades in multiple markets. The S&P 500 index fell this week, with dismal U.S. consumer confidence data raising doubts about economic prospects.

On February 28th, according to Lookonchain monitoring, the drop in ETH price forced a whale to surrender. Two years ago, this whale withdrew 2,334 ETH from Binance at an average price of $1,815 (approximately $4.24 million). 30 minutes ago, the whale deposited 2,375 ETH into Binance (approximately $4.96 million), earning about $660,000. At its peak, this whale's unrealized profit exceeded $5 million.

Uniswap founder Hayden Adams posted on social media saying, "I find it interesting that people on Twitter complain about the ethical price. Isn't a market value of $300 billion high enough? Some people think this is an Ethereum scam." Adams is still bullish and considers Ethereum from a long-term perspective. ETH is not a commemorative coin suitable for quick flipping. There is a lot of work in progress that will generate income for future Ethereum.

Zhao Changpeng, the founder of Binance, posted on social media that market downturns are part of a free market. CZ pointed out that if one feels pressure from market fluctuations, they may consider reducing their investment size (assuming they view cryptocurrency as an investment). He stated that this is not financial advice and mentioned that for him, cryptocurrency represents a shift in worldview, as he left the traditional world 11 years ago.

According to Whale Alert monitoring, about 500,000 SOL coins (worth about $64.426 million) were transferred from Bybit exchange to an unknown wallet at 15:09.

Web3 Foundation under Polkadot announced funding for the on-chain cross-border payment project Satoshipay to support its development of the fiat/crypto gateway service Vortex based on the Polkadot chain. The Web3 Foundation has not disclosed the amount of funding, but Satoshipay revealed that it has raised approximately $850,000, with investors including Blue Star Capital and angel investors such as Alexander Wilke.