An Ethereum Ancient Address Awakens After 10.6 Years of Dormancy, Expected to Yield 6687x

March 6 — Coinbase CEO Brian Armstrong stated, “We’re building the infrastructure for an AI-powered autonomous economy, with Base quickly establishing itself as the go-to AI-on-chain destination.”

March 6: Justin Sun posted that we still hold all the LIT we purchased, remain long on Lighter over the long term, and are rebalancing our wallet to redeposit onto the Lighter LLP platform soon. Earlier, on January 1: Of the roughly $200 million Justin Sun deposited into the Lighter LLP platform, roughly $38 million has been withdrawn, some $33 million was used to buy 13.25 million LIT tokens, and the spot account balance remains approximately $5.5 million. This LIT holding represents roughly 1.33% of the total token supply and 5.32% of the circulating supply.

March 6: Du Jun, ABCDE Co-Founder, announced he’s returning to entrepreneurship and plans to launch an institutional trading platform in Q2. Support from new and long-time friends is welcome. Our customer service rep Xiao Du will go live soon.

On March 6, New York State proposed a bill banning AI from answering professional questions in fields like medicine, law, dentistry, nursing, psychology, engineering and other professions. Per some interpretations, this move isn’t actually about protecting the public—it’s about shielding the knowledge monopolies of industries that charge $500 an hour, leveraging politicians to preserve their interests. Lawyers don’t want users to know AI can draft a contract in 30 seconds; doctors don’t want users to know AI interprets blood reports better than residents; engineers don’t want users to know AI can review design sketches overnight. New York’s proposed ban on AI answering professional questions isn’t for users—it’s to protect the business interests of these industries.

On March 6th, per GMGN monitoring (link: [https://gmgn.ai/base/token/i_m4TE56o8_0xb33ff54b9f7242ef1593d2c9bcd8f9df46c77935](https://gmgn.ai/base/token/i_m4TE56o8_0xb33ff54b9f7242ef1593d2c9bcd8f9df46c77935)), FAI—the Base ecosystem token—jumped from roughly $32 million to $46 million in market cap this morning, extending its recent gains. It has since pulled back to $42 million, with a 54% 24-hour price increase and $3.1 million in trading volume over the same period. FAI is the native token of the Freysa AI project (deployed on Base). Last year, its market cap spiked sharply after a Musk tweet, hitting a peak of $660 million. BlockBeats notes: Meme coins are extremely volatile, driven largely by market sentiment and hype—not real value or use cases. Investors should be aware of the risks.

On March 6th, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that the whale which accumulated $14.54 million worth of ETH on February 26th is now offloading its position. Just one hour ago, the address sold 4,000 ETH on-chain at an average price of $2,077.39 per ETH, totaling $8.309 million. The whale’s entry price was $2,075.45 per ETH, resulting in a profit of only $7,760 from this transaction. The address currently still holds 3,008 ETH on-chain.