Bitcoin Dips Below $66,000, 24-hour Change -1.27%

**Kobeissi Letter: US-Iran Conflict Won’t Trigger World War III; Market Should Tune Out Noise** The Kobeissi Letter, a prominent research institution, stated March 2 that the U.S.-Iran conflict will not spark World War III, urging markets to ignore current "noise." Oil prices have officially fallen below $70 per barrel, with only a 3.5% gain on the day the conflict erupted. S&P 500 futures dropped less than 1%, while gold rose just over 2%. Market participants should remain calm—"the dust will eventually settle," the letter noted. **Palantir Tied to AI Warfare, Potential Global Conflict Escalation** U.S. defense data analytics firm Palantir—founded by Peter Thiel—has been labeled a "sinister instigator" of potential World War III, as well as a key driver and potential beneficiary of modern algorithmic and AI warfare. Palantir executives have repeatedly discussed global conflict escalation risks, framing the company’s technology as critical to winning large-scale wars. In 2024

Local time March 2 — Israeli sources report the Israeli military is preparing for a possible ground offensive along the Lebanon border, aimed at establishing a front line. (CCTV)

On March 2nd, per Coinbob’s Popular Address Monitoring, at 16:23, the "pension-usdt.eth" address (0x0ddf...) opened continuous 3x leveraged BTC long positions around $65,691 per BTC. Its current position size has hit 263 BTC—roughly $17.4 million—and is still growing. Based on its recent trading activity, the position could reach 1,000 BTC once this round of accumulation wraps up. This address typically profits from swing trading, with a strategy centered on low leverage, short holding periods (average ~20 hours), and large positions in BTC and ETH. Since last October, its cumulative profits have exceeded $20 million.

March 2 — Japanese yen stablecoin issuer JPYC has signed a strategic partnership memorandum of understanding (MOU) with Sony Bank and its Web3 subsidiary BlockBloom. The partners plan to integrate real-time bank account transfer functionality into the JPYC EX platform, letting users buy JPYC directly from their Sony Bank accounts without manual remittance. They also aim to explore collaborations with entertainment IPs (such as music and games) to use JPYC for digital content purchases and fan rewards.

March 2nd — Per HyperInsight (https://t.me/HyperInsight) monitoring, the former largest BTC long position address (0xdf1) incurred another 4 liquidations in the past hour, totaling ~$3.9M in liquidated value. To date, this address has faced 24 liquidations in 24 hours: its account funds have tanked from a high of ~$2.66M yesterday to just $140k, a drop of over 94.7%. The next liquidation price for its remaining BTC position is ~$65,370. On the morning of March 1, after the official report of the assassination of Iran’s Supreme Leader Ali Khamenei, the address quickly ramped up a 40x leveraged long position on BTC — likely betting on an imminent end to the conflict and a market rebound. Its BTC long position peaked at 1,000 BTC (~$66.83M at the time), making it the largest on-chain BTC long position then, with a liquidation price of ~$66,560. However, the funds for this high-stakes bet didn’t come from additional margin — they came from unrealized profits on a SOL long position. O

March 2 — Israeli media GLZRadio reports Germany is reportedly seriously weighing joining a conflict with Iran. A German source says joint plans with the U.S. are already in motion, and Berlin could directly participate in airstrikes or provide military support. Additionally, Israel’s defense minister stated the leader of Iran’s Hezbollah has now become a target for elimination.