「$10M Profit Whale」 Suspected of Accumulating 6000 ETH in a Transaction, with an Average Price of $1582

March 4 — Per The Block, Mizuho Bank analysts have raised Circle’s target stock price to $100 (from $90) and maintained a “Neutral” rating, citing geopolitical tensions driving up oil prices and diminished rate-cut expectations. The analysts note that shifts in interest rate expectations may impact Circle’s valuation multiple more than short-term revenue gains. Circle’s primary revenue stems from interest income on its USDC reserve assets. Surging oil prices have stoked inflation concerns, with markets now pricing in no rate cuts in 2026 — a development favorable to locking in stable interest income. Despite the positive macro backdrop, the analysts warn that clarity on stablecoin regulation could intensify market competition and potentially compress industry profit margins over the long term.

March 4th Official Announcement: Coinbase Adds Limitless (LMTS) to Listing Roadmap Trading launch is subject to market making and technical requirements; no specific timeline has been set yet.

As of March 4th, alternative data shows the cryptocurrency Fear & Greed Index stands at 10 (down from 14 yesterday). The market has remained in "extreme fear" territory for nearly a month. Note: The Fear & Greed Index ranges from 0 to 100, with components including: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s market dominance (10%), and Google Trends Analysis (10%).

As of March 4th, Onchain Lens monitoring indicates that over the past 10 hours: - BlackRock’s ETF addresses withdrew 4,376 BTC (valued at $297.85 million) from Coinbase - Deposited 567 BTC ($38.05 million) and 7,553 ETH ($14.70 million) into Coinbase Net inflow totals 3,809 BTC ($259.79 million).

March 4 — Federal Reserve official Kashkari stated the Fed can afford patience amid the looming shadow of war. Should inflation cool, one or two additional rate cuts may be appropriate later this year. (Xinhua)

**March 4 Update** - Trump first vowed to "pay any price" on Iran, sending U.S. stocks sharply lower at the open—Dow Jones once fell nearly 1,300 points. He later announced insurance and escort for oil tankers transiting the Strait of Hormuz, triggering sharp retreats from highs in crude, the U.S. dollar, and U.S. bond yields. Stock losses narrowed, but the Nasdaq still closed down more than 1%. - Iran continues monitoring the Strait of Hormuz: Islamic Revolutionary Guard Corps Navy Deputy Mohammad Akbarzadeh said the strait is fully under Iranian control, with over 10 oil tankers hit by shells there. The "Iran closes Hormuz" probability on Polymarket remains high. - Trump announced a trade embargo on Spain for refusing U.S. support, reigniting market concerns over trade uncertainty. - Iran has selected a successor to Khamenei: Three Iranian officials told *The New York Times* Khamenei’s son Mojtaba is the leading candidate. The Iranian Experts Assembly may announce him as s