Bitcoin Drops Below $89,000

On April 2nd, Justin Sun posted on social media about TRX and Huobi HTX: Over the past few years, TRX has acted as Huobi HTX’s platform token, giving users access to various platform discounts—this was to recognize their close collaboration. Now that Huobi HTX has fully launched independent operations, with its business on solid ground and growing profit potential, the time is right for independent empowerment. On one hand, TRX has performed strongly, with high market recognition, and no longer needs to rely on its Huobi platform token status for growth. On the other hand, Huobi HTX’s business is stable and has strong momentum. Making HTX Huobi’s sole platform token is a better choice for both sides. This will let Huobi focus on empowering HTX independently, driving its further development. Sun believes this adjustment will be highly beneficial for HTX.

On April 2 (local time), explosions were heard in Tehran and Karaj, Iran, with power outages reported in parts of Karaj. (CCTV)

**OKX Launches OKX Universe (Orbit) Creator Incentive Program, First Rewards Distributed April 2** Per official announcements, OKX has officially rolled out its community product’s OKX Universe (Orbit) Creator Incentive Program on April 2. The program uses a fixed bonus pool structure, with weekly rewards distributed based on content quality and user engagement (weighted appropriately). Rewards are sent every Wednesday following the end of each weekly calculation period, with nearly 100,000 USDT in monthly content incentives up for grabs. No sign-up is required—eligible creators get rewards auto-deposited to their accounts. Launched on March 23, the program’s first batch of qualified creators will receive their rewards on April 2. Separately, OKX Universe recently introduced AI-powered algorithmic recommendations and integrated trading components, bridging the gap between trading and information to reshape the path from knowledge to transaction. This incentive program is th

April 2 — Iran’s Islamic Revolutionary Guard Corps released a statement saying it has conducted the 90th round of its “Firm Response-4” operations, targeting steel and aluminum facilities in the region linked to the United States. (CCTV)

April 2 — Per Onchain Lens monitoring, BlackRock has deposited 1,360 BTC (~$90.28 million) and 15,103 ETH (~$30.82 million) to Coinbase just 5 minutes ago.

April 2nd, per HyperInsight monitoring (via their Telegram channel @HyperInsight), a whale with an address starting with 0xcab attempted to bottom-fish ETH long positions twice today—both trades closed at breakeven, resulting in a total loss of roughly $17,000. Subsequently, within the past half hour, the same address reversed course, opening a 25x leveraged ETH short position. The position size is $4.89 million, entry price is $2,033, and liquidation price is $2,076 (about 2% above entry). Currently, the whale holds a minor unrealized loss of roughly $11,000 (-5%).