Korean Stock Market Halts Trading for Second Consecutive Day, Long Position Address Nearing Liquidation

March 4 — Crypto reporter Eleanor Terrett took to social media today, citing three sources, that Coinbase’s team (including CEO Brian Armstrong) visited the White House today. It remains unconfirmed whether they met directly with former President Donald Trump.

March 4 — CryptoQuant data shows over 31 million ETH flowed out of centralized exchanges in February, marking the largest single-month outflow since November 2023. Binance accounted for nearly half the total, with ~14.45 million ETH withdrawn; OKX saw an outflow of ~3.83 million ETH, while Kraken recorded ~1.04 million ETH. The ongoing outflow has reduced spot trading liquidity, as tokens moved to private wallets or staking platforms have temporarily taken liquidity out of circulation. When market activity picks up, shrinking exchange balances could exacerbate price volatility. Cryptocurrency analyst Arab Chain noted that while ETH hovers around $2,000, derivative data reveals a divergence between small retail buyers and large sellers. The market is watching how prices react once retail and whale buying/selling align. Separately, CryptoQuant data shows Binance’s ETH reserves have dropped to ~3.46 million — the lowest level since 2020. In the previous cycle, reserves peaked at

**Singapore Police Seize/Freeze Over S$500M in Tan Tiong Group Money Laundering Case** The Singapore Police Force (SPF) announced on March 4 that it has arrested three Singaporeans suspected of involvement in a money laundering scheme tied to the Tan Tiong Group, spanning November 2023 to January 2024. An arrest warrant has also been issued for another Singaporean woman, Tan Siow Ling. In October 2025, police seized or froze assets worth more than S$150 million (Singapore dollars). Additional freezing orders were later issued covering three properties, eight cars, cash (including various foreign currencies), bank and securities accounts, designer handbags, and watches — with a total estimated value of S$350 million. To date, the total value of assets seized and/or frozen in connection with the case has exceeded S$500 million (approximately 2.7 billion Chinese yuan).

On March 4th, South Korea’s KOSPI index plummeted 12% intraday amid escalating panic, with Bitget market data showing it was last trading at 5096.16 points.

**Ark Invest Adds to Coinbase, Robinhood Holdings Again Amid Market Volatility** Cathie Wood’s Ark Invest further expanded its crypto-related stock exposure Tuesday, boosting positions in Coinbase and Robinhood across its ETFs. Trading documents show Ark purchased 22,452 Coinbase shares via ARKK, ARKW, and ARKF—valued at roughly $4.09 million, based on Coinbase’s $182.36 closing price that day. It also added 158,587 Robinhood shares, worth ~$12.06 million at Robinhood’s $76.07 close Tuesday. U.S. stocks have faced pressure lately amid geopolitical uncertainties like the U.S.-Iran conflict. Coinbase dipped 1.55% and Robinhood fell 3.44% on Tuesday. Ark’s latest buys align with its long-term bullish stance on crypto platforms: since 2024, the firm has adjusted crypto holdings by adding Coinbase and Robinhood during pullbacks, plus acquiring shares of Circle and Bullish exchanges. Per Ark’s disclosures, as of March 3: - COIN (Coinbase) ranks 6th in ARKK, with a 4.21% weight

On March 4th, crypto market analysis firm Santiment took to social media to note that chatter around "Altseason" has cooled off sharply. That said, historical data indicates low market interest in altcoins often precedes a rebound. The firm shared a chart tracking weekly mentions of "Altseason" and their correlation with the price of DOGE—the meme coin acting as a bellwether for speculative assets. Typically, Altseason aligns with FOMO and greed around DOGE, other meme coins, and high-volatility small-to-mid-cap altcoins. Peak "Altseason" chatter often lines up with market tops, while fading interest in the topic typically signals large funds quietly accumulating positions. Santiment added that this isn’t a foolproof trading signal: altcoin market apathy doesn’t guarantee an imminent breakout. Still, the contrarian indicator has a strong historical track record worth noting.