US Treasury Secretary Defends Iraq War: "Short-Term Inflation Trade-off for 50 Years of Peace," Says "Must Escalate to De-escalate"

March 23 — EmberCN monitoring reveals SIREN token’s whale control far exceeds prior expectations, with a suspected single whale holding ~88.5% of its circulating supply (about 6.44 billion tokens, worth ~$14.4 billion). Among the top 54 holding addresses, 52 are highly interconnected — excluding burn addresses and the Binance Web3 wallet. Of those 52, 48 are recent centralized aggregation addresses, while the remaining 4 trace their tokens to the same batch accumulated between late June and early July 2023. Analysis shows the whale previously held ~66.5% of tokens; combined with CEX holdings, actual control is even higher. Against this high-concentration backdrop, the market believes the whale profits by controlling spot liquidity and arbitraging the derivatives market — forming a “self-directed” pricing mechanism, which may drive SIREN’s nearly 30x surge over the past month and a half. Additionally, some views link the relevant addresses to liquidity provider DWF Labs. Its pu

**March 23 (Monday Morning) – JGB Yields Hit Multi-Decade Highs Amid Middle East Inflation Fears** Japanese government bond (JGB) prices fell Monday morning, pushing yields to multi-decade highs again as markets grew concerned an escalating Middle East conflict would lift inflation. The 10-year JGB yield rose 6 basis points to 2.32%, approaching its January 1999 record. The 5-year yield climbed 5 basis points to 1.72%, just shy of its all-time high since listing. JGB yields have tracked U.S. Treasury yields, which have declined for weeks and now stand at their highest level in months. Middle East tensions show no sign of easing: Former President Trump issued a 48-hour ultimatum to Tehran, demanding the Strait of Hormuz be opened—failure to comply would trigger strikes on Iran’s power plants. The deadline expires Monday night New York time. (FXStreet)

March 23 — Per lookonchain monitoring data, Ethereum builder thomasg.eth has pulled off a "buy low, sell high" move with ETH: On March 3, he sold 12,131 ETH at $1,998 apiece (totaling ~$24.24 million); in the past week, he bought back 10,209 ETH at an average price of $2,211 (totaling ~$22.58 million).

March 23 — Global financial markets saw sharp volatility on Monday amid escalating Middle East tensions. Asian stocks tumbled across the board: Japan’s Nikkei 225 dropped 5%, South Korea’s KOSPI plunged 6%, Taiwan’s Weighted Index opened down more than 3%, and FTSE China A50 futures weakened in tandem. Safe-haven assets showed mixed performance: Spot gold briefly dipped below $4,370 an ounce, hitting a fresh low since early January, while spot silver tumbled more than 4%. Energy prices, meanwhile, gained ground, with oil prices extending their rise. In currency markets, the South Korean won dropped to a fresh 2009 low against the U.S. dollar, signaling accelerating capital flows into safe-haven assets. Market analysts note that geopolitical risk spillover is triggering a global selloff in risk assets and liquidity tightening, with short-term volatility likely to intensify further.

On March 23, per OnchainLens monitoring, as spot gold prices continue to slide, Sky Mavis co-founder Rune has opened a 20x leveraged long position on gold. He’s also in the process of closing his S&P 500 ($SP500) short position, while maintaining TWAP orders to buy and sell into that position.

On March 23, South Korea’s KOSPI index plunged 6.00% intraday, last trading at 5432.67 points, per Bitget market data.