BREAKING: $435 million has been liquidated from the cryptocurrency market in the past 12 hours.

Per The New York Times, on March 4, an official with knowledge of Iran’s communications with the CIA stated that Iranian operatives had laid out conditions for talks to end the war.

On March 4th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that the average cost of an ETH transaction has dropped to just $1.33. An OG whale that had been inactive for six months has reactivated: an hour ago, it transferred 1,501 ETH (worth $3.05 million) to a new address, with no further moves or sales reported yet. The whale still holds 23,941 ETH on-chain, totaling an unrealized gain of $49.59 million.

March 4th: Bitget market data shows crypto-related U.S. stocks are trading higher in pre-market session, with the following moves: - MicroStrategy (MSTR) up 7.68% to $143; - Coinbase (COIN) up 6.43% to $194.09; - Sports Betting Tech (SBET) up 4.96% to $7.62; - BMNR up 6.69% to $20.88; - Circle (CRCL) up 5.77% to $105.38.

On March 4th, Hyperliquid monitoring data shows that after ETH prices surged over 5% in the short term, a whale address starting with 0xa5e4 on Hyperliquid was liquidated in a chain reaction. The account balance briefly fell to just $170,000, and the whale has since withdrawn all remaining funds and exited the platform. Total losses from this liquidation exceeded $1.5 million, with a liquidation volume of nearly $30 million. Eighteen hours earlier, the address transferred approximately $1.7 million in principal to Hyperliquid, then opened short positions on ETH at an average price of $1,940—reaching a peak position size of $31 million.

On March 4, Iranian media reported that Hatami-dar-Ayatollah, a member of the Assembly of Experts, said a candidate for leader has been identified. The Leader’s Council is currently carrying out state management duties and will soon appoint the new Supreme Leader. (Kryptonite)

**Update: March 4** Bitcoin led a strong crypto market rebound today, following $225.2 million in net inflows into U.S. Bitcoin spot ETFs yesterday. Crypto futures open interest posted its largest single-day increase since July 2023, as multiple institutions added to their crypto holdings. Key highlights: - Ark Invest bought the dip, maintaining positions in COIN and Hood while increasing stakes in crypto-related stocks; - BlackRock’s ETF wallet recorded a net outflow of 3,809 BTC over nearly 20 hours; - Gamma Fund snapped up 9,000 ETH at an average price of $1,984; Alongside institutional buying, analysts are bullish on crypto: - On-chain analyst Murphy: The market confidence index has hit an “extreme negative” reading (signaling investor confidence in Bitcoin’s trend is nearly collapsed). Bitcoin’s short-term “BRS” signal has flipped from a month-long “buy” stance toward “sell”; - Crypto analytics firm Santiment: Social media chatter about “altcoin season” has cooled—