US Stock Market Closing: Crypto Sector Downtrend, CRCL Down by 9.67%

**April 3rd** — LookOnChain data shows a mysterious whale suspected of being linked to Erik Voorhees spent an additional 818,700 USDT to acquire 396.7 ETH 5 hours ago. The same address had previously purchased 122,355 ETH, valued at $264.37 million.

As of April 3, Flowscan data indicates that amid rotation across major traditional assets (including U.S. equities, gold, silver and oil), the open interest for Hip3 deployer TradeXYZ has surged 788% since the start of the year.

On April 3, Bitcoin mining firm Riot Platforms sold 3,778 BTC in Q1 2026 at an average price of $76,626, generating $289.5 million in profit. As of the end of Q1, the company retains 15,680 BTC on its balance sheet. Over the past week, firms including MARA Holdings, Genius Group, and Nakamoto Holdings collectively offloaded 15,501 BTC, with MARA accounting for the bulk of those sales.

April 3rd — Tencent Cloud officially launched its "Lobster" Memory service, TencentDB Agent Memory, which adds long-term memory functionality to OpenClaw. Currently, Agent Memory is seamlessly integrated as a plugin into Tencent Cloud’s Lighthouse, ClawPro, and other offerings, with support for free one-click activation. (Tencent Cloud)

**April 3rd** — Per monitoring from The Data Nerd, a whale address (bc1qc) withdrew 365 bitcoins (~$24.2M) from Kraken 10 minutes ago. The address now holds a total of 4,238 bitcoins (~$281.29M).

On April 3rd, data from Coinglass shows the crypto market weakened and pulled back to a low level following former U.S. President Donald Trump’s speech. Bitcoin is currently trading at $66,435, down 0.55% over the past 24 hours; Ethereum is at $2,048, a 0.53% drop in the same period. Current funding rates across major centralized (CEX) and decentralized (DEX) exchanges indicate bearish sentiment toward BTC and ETH has eased compared to earlier, though rates on leading exchanges remain negative with no significant divergence between the two. Specific funding rates for major coins are shown in the attached image. **BlockBeats Note**: The funding rate is a metric set by crypto exchanges to maintain parity between contract prices and underlying asset prices, typically applicable to perpetual contracts. It’s a fund transfer mechanism between long and short traders—exchanges do not charge this fee. Its purpose is to adjust the cost or profit for traders holding contracts, keeping