Turkish Foreign Minister: Heard of “Iran’s neighbor will retaliate against Iran,” could be true

March 3: Per Data Nerd tracking, whale address 0x8e6 deposited 82,000 ETH (≈$162.17 million) to Binance 2 hours ago. Over the past year, the whale has sent a total of 475,300 ETH (≈$1.35 billion) to the crypto exchange.

**March 3rd Crypto Update** Bitcoin led a brief rebound followed by a sharp drop across crypto markets overnight and into Thursday morning. Amid Wednesday afternoon’s decline, several whales ramped up long positions on major assets: - On Hyperliquid, the largest ETH long holder added BTC longs—now holding 120,000 ETH and 550 BTC long contracts, with a total position value of ~$277 million. - Two newly created wallets received 1,124.57 BTC (~$77.09 million) from BitGo at 1 PM ET Wednesday. - The address *pension-usdt.eth* (0x0ddf…) continued accumulating BTC after it fell below $68,000. It now holds a 3x leveraged BTC long worth $66.5 million, with an average entry price of ~$67,522. Unrealized loss stands at $1.08 million (-4.8%), making it the largest on-chain BTC whale long position. Despite whale bullishness, investors remain cautious amid Iran-related uncertainty, per institutional views: - Garrett Jin (agent for “BTC OG Insider Whale”) posted on X: “Watch oil, the U

Tron's 24-hour revenue reached $1.1M, up 56% from yesterday and far ahead of other blockchains.

Major European stock markets extended losses on March 3, with Germany’s DAX plunging 4% intraday, the Euro Stoxx 50 falling 3.7%, the UK’s FTSE 100 and France’s CAC 40 dropping 3%, according to FXStreet.

As of March 3, Bitget market data shows WTI crude oil surged 7% intraday to $76 per barrel, while Brent crude rose 5.7% intraday and was last trading at $82.14 per barrel.

March 3rd — Wintermute released a market update noting Iran’s geopolitical tensions have driven significant volatility in risk assets. For crypto: The weekend downturn absorbed the first wave of geopolitical panic, while the rebound stemmed from the market’s belief that Bitcoin’s 45% pullback from its all-time high has already absorbed most losses. However, the energy factor remains underestimated: Sustained high oil prices could keep inflation elevated — a setback for global central banks that had hoped for cooling inflation, potentially delaying Fed rate cuts. Crypto is at a disadvantage in this dynamic. Though ETF inflows have picked up recently, institutional participation is now far lower than during the $85k–$95k range seen between November 2023 and September 2024. Back then, institutions traded actively (especially on dips); today, buying interest is scarce, leaving the market fragile. Altcoins are tracking the typical bear market playbook: Positive moves are short-live