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「Trump Bump」 Drives Rally in Japanese and South Korean Stock Markets

2 hours ago

**Market Brief: Japan, South Korea Stocks Open Higher Amid Middle East De-Escalation Signs** On Wednesday, March 25, Japanese and South Korean equities kicked off trading on a positive note as signs of de-escalation emerged in the Middle East. Per Bitget data: - The Nikkei 225 Index opened up 816.80 points (+1.56%) at 53,069.08. - South Korea’s KOSPI Index opened 128.19 points higher (+2.31%) at 5,682.11. ### Notes on American English Adaptation: 1. **Concise structure**: Used a "Market Brief" headline (common in U.S. financial news) and bullet points for readability. 2. **Terminology**: Replaced "easing" with "de-escalation" (more standard for geopolitical tension relief in U.S. media). 3. **Phrasing**: "Kicked off trading" (colloquial, active voice) instead of "opened" repetition; "per Bitget data" (natural for U.S. financial briefs). 4. **Date format**: Aligned with U.S. style (Month Day, Year + weekday context). 5. **Clarity**: Separated key market indices for quick scanning (critical for U.S. news consumers). No Chinese characters included, and all data matches the original.
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Despite Bear Market Conditions, Bitcoin CEX Balance Hits Nearly Two-Year Low

**March 25th — Per Coinglass data, Bitcoin accumulation by Strategy and On-Chain Whales has accelerated sharply in recent days.** **Centralized exchange (CEX) wallet balances for Bitcoin have dropped to a nearly two-year low of 2.4633 million BTC.** **Key outflow metrics: - 24-hour net outflow from CEXs: 8,323.72 BTC - 30-day net outflow: 32,190.17 BTC**

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US Media: Iran Tells US It Doesn't Want to Negotiate with Trump's Son-in-Law, Prefers Talks with Pence

March 25 (CNN) — Iran has informed the U.S. it is not interested in peace talks with Trump team envoys Witkoff and Kushner, preferring instead to negotiate with JD Vance. Witkoff and Kushner, diplomatic representatives from the Trump team with real estate development backgrounds, pushed for isolating Iran via the Abraham Accords. Vance’s experience deployed in Iraq and anti-war stance, meanwhile, have made him more credible to Iran.

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500 BTC linked to Irish drug dealer moves on-chain after nearly a decade of dormancy

On March 25, Bitcoin News reported that 500 BTC linked to Irish drug dealer Clifton Collins has been transferred on-chain—nearly 10 years after the funds were thought lost. Collins bought 6,000 BTC with marijuana sale proceeds between 2011 and 2012, storing the crypto across 12 wallets. He wrote the private keys on paper and hid them in a fishing rod case at a rented property in Galway, Ireland. In 2017, after Collins’ arrest, the property was cleared, and its contents dumped at a landfill. Both authorities and Collins believed the private keys were permanently lost, and a court ruled the related funds confiscated as criminal proceeds. The 500 BTC transfer now suggests at least part of the asset was never actually lost.

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Market maker Flowdesk has deposited 63,250 ETH to Binance in the last 24 hours

March 25 — On-chain analyst Ai Yi (@ai_9684xtpa) noted that Flowdesk-linked addresses deposited 63,250 ETH to Binance over the past 24 hours, totaling $135 million in value at an average deposit price of $2,145. Public records show Flowdesk is a French firm focused on serving institutions, CEXs, and projects, with core businesses spanning market making, OTC trading, and asset management.

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A new address withdrew 474.54 BTC from Binance.

March 25 — Per Onchain Lens monitoring, a newly created crypto address withdrew 474.54 BTC from Binance 10 minutes prior, with the transaction valued at roughly $33.59 million.

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ZachXBT: Circle Freezes 16 Corporate Hot Wallets Holding USDC Amid Unspecified U.S. Civil Legal Proceeding

March 25th — On-chain sleuth ZachXBT reported that Circle has frozen the USDC balances in 16 hot wallets belonging to multiple businesses. The freeze stems from an undisclosed U.S. civil lawsuit, with details confirmed directly to ZachXBT by one of the affected businesses. ZachXBT noted the wallets — tied to exchanges, casinos, forex platforms, and other operations — have no apparent connection to each other, raising questions about whether Circle conducted a thorough review before honoring the freeze request. These are operational hot wallets used to process a high volume of user transactions, and the freeze has disrupted the businesses’ daily operations.

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