Coinbase Bitcoin Premium Index has remained in a positive premium for 7 consecutive days, currently standing at 0.0215%.

April 2nd — Per HyperInsight monitoring (via https://t.me/HyperInsight), a “Strategy Whale” (0x94d) took a nearly $80 million “long oil, short BTC” paired position amid surging oil prices and a simultaneous crypto market pullback, raking in over $3.6 million in daily profits from both sides. The whale began building the position yesterday afternoon, just after BTC briefly topped $69,000 and as Brent/WTI crude both dropped below $100. After entering with a large initial position, it gradually added to holdings via small incremental entries, finishing the full position early this morning. The two core positions are: - 20x Brent Oil Long: Notional $39.5M, avg entry $100.8, unrealized profit $2.3M (35%); - 40x BTC Short: Notional $38.7M, avg entry $68,761, unrealized profit $1.36M (140%); With both positions now profitable, the wallet hasn’t closed any trades yet. It’s also expanded its portfolio by adding a natural gas (NATGAS) long and S&P 500 short—those two paired positions

TEHRAN, April 2 — Iran’s Tasnim News Agency reported that a military spokesperson has stated a larger, broader and more destructive attack is imminent, adding the war will continue until the “enemy surrenders and permanently regrets.” (Jinse)

On April 2nd, prominent tech analyst Killa (@KillaXBT) shared a long-term logarithmic Bitcoin chart, marking the "Perfect Halving Lower Bound" and upper/lower band ratios—claiming Bitcoin will definitely fall below $60,000 in this bear market cycle. A BTC-focused quantitative trader, Killa previously forecast the peak of this bull market for May 2025 and boasts over 180,000 followers on X (formerly Twitter).

April 2: Drift Protocol announced via Twitter that a threat actor executed a novel attack leveraging a durable nonce to gain unauthorized access, quickly seizing control of the Drift Security Council. The attack was highly sophisticated, prepared over several weeks, and involved pre-signed transactions for durable nonce accounts to delay execution. Ongoing investigation findings indicate the incident did not stem from vulnerabilities in Drift Protocol or its smart contracts; there is no evidence of mnemonic phrase theft. Instead, the attacker gained access through unauthorized or forged transaction approvals—potentially involving social engineering. The attack drained approximately $280 million in protocol funds. Affected assets include all borrowing, vault deposits, and trading funds. DSOL (assets not deposited in Drift, including those staked to Drift validators) and the insurance fund remain unaffected, with the latter tapped to provide protection. As a precaution, all rema

April 2nd — Per HyperInsight monitoring (via https://t.me/HyperInsight), a whale with the address prefix 0x610 opened short positions this morning. The trades included a 10x-leveraged BTC short at an average price of $68,309 and a 25x-leveraged ETH short at $2,136, with a combined total size of $17.1 million. As the market later pulled back, the two short positions have accumulated $630,000 in unrealized profit, delivering a 50% overall position return. As of press time, neither position has been closed for profit-taking.