Bullish Sentiment Returns to US Market, Coinbase Bitcoin Premium Index Back in Positive Territory
March 3rd — Coinglass data shows Coinbase’s Bitcoin Premium Index has flipped positive again today, hitting 0.0028%. Over the past week, the index has been in premium territory for 3 trading days. This signals improved buying sentiment in the U.S. market, following 40 consecutive days of negative premium.
[BlockBeats Context: The Coinbase Bitcoin Premium Index measures the gap between Bitcoin’s price on Coinbase (a leading U.S. exchange) and the global market average. It’s a key indicator for tracking U.S. capital flows, institutional investment interest, and shifts in market sentiment.]
A positive premium means Coinbase’s Bitcoin price exceeds the global average — typically signaling strong U.S. buying pressure, active entry of institutional/compliant funds, ample USD liquidity, and generally optimistic investor sentiment. A negative premium, by contrast, means Coinbase’s price is below the global average, reflecting heavy U.S. selling pressure, reduced risk appetite, heightened
13 minutes ago
Three-Address CoinJoin Accumulated 11,464 ETH
March 3rd — Per LookOnChain monitoring data, three cryptocurrency addresses have accumulated a total of 11,464 ETH amid a market rebound.
Three hours ago, address 0xE1Ad withdrew 6,114 ETH (valued at roughly $12.52 million) from OKX and deposited it into Aave. Meanwhile, addresses 0x7673 and 0xBA9A—idle for approximately three months—have resumed buying activity, collectively spending around $10.93 million to purchase 5,350 ETH at an average price of $2,043 per ETH.
13 minutes ago
A Whale Reallocated from Gold to BTC After Making $600k Profit
March 3rd — On-chain analyst Yu Jin reports a whale locked in a $600k profit from gold before shifting back to BTC:
- A month ago, the whale purchased 1,637 XAUt for 8.1 million USDC at ~$4,948 per token.
- Today, with gold now trading above $5,300, the whale sold all 1,637 XAUt (valued at $8.7 million) 9 hours ago and converted the proceeds into 125.9 WBTC.
- The XAUt was sold at $5,315, and the WBTC was bought at $69,091.
13 minutes ago
「Whale」 continues to engage in small-scale liquidation accumulation after a $26.5 million loss in the 2021 crash, and is currently down another $16.2 million.
March 3rd — On-chain analyst Yu Jin’s data shows “Big Brother Whale” Huang Licheng has relied on a small liquidation buffer + longing strategy since losing $26.5M in the Oct 11 crash: he tops up with 250k USDC whenever his account nears liquidation.
He’s down another $16.2M in 4.5 months, though — his playbook feels less rational investing, more like “making it rain”: he compounds ETH long profits, but hodls (holds) positions until liquidation when they go against him. Total losses on the Hyperliquid platform now stand at $27.53M.
### Notes on American English adaptation:
1. **Conciseness**: Used abbreviations (`M` for million, `k` for thousand, `Oct` for October) common in US financial/on-chain news.
2. **Colloquial tone**: Replaced "strategy" with "playbook" (casual, widely used in US crypto circles) and kept "making it rain" (US slang for reckless spending) to match the original critique.
3. **Clarity**: Added `(holds)` next to `hodls` (crypto jargon) for readability with
13 minutes ago
Sam Altman: Amen.dment to Work with Department of Defense to clarify that AI will not be used to engage in surveillance that violates the privacy rights of American citizens
March 3: OpenAI CEO Sam Altman retweeted an internal memo stating, “We’ve collaborated with the U.S. Department of Defense (DoD) to clarify our principles via updates to our agreement. We’ll add the following clause as a supplement to existing terms:
As required by applicable U.S. law—including the Fourth Amendment to the U.S. Constitution, the 1947 National Security Act, and the 1978 Foreign Intelligence Surveillance Act (FISA)—AI systems shall not be intentionally used for domestic surveillance of U.S. citizens or nationals. For clarity, the DoD understands this restriction prohibits intentional tracking, monitoring, or surveillance of U.S. citizens/nationals, including through the acquisition or use of commercially available personal or identifiable information.”
Protecting U.S. citizens’ civil liberties is a top priority. Given widespread external interest in this issue, we’re clarifying this point—including regarding commercially obtained information—consistent with our iter
13 minutes ago