A certain whale contract trader reopened a $142 million USD BTC long position early this morning

On March 1st, CZ made a post on social media stating that if investors are affected during a market downturn, they should reduce their positions to a level that they are able to withstand. A stable mindset is superior to all market fluctuations.

On March 1st, the Stacks team officially made an announcement on social media that sBTC Cap-2 has now come into effect with a maximum cap of 3,000 BTC. Users only need to hold sBTC in order to start earning a real Bitcoin reward APY of up to 5%. It is reported that sBTC is an asset on the Stacks Bitcoin L2 that is pegged at a 1:1 ratio to Bitcoin. It will enable developers to create efficient use cases for BTC, opening the door to Bitcoin DeFi, NFTs, and more. sBTC makes use of 100% Bitcoin finality to ensure Bitcoin security and benefits from fast transaction processing. Its launch will promote the full activation of the Bitcoin economy on Stacks.

On March 1st, as monitored by Farside Investors, the net inflow of $94.3 million into the US Bitcoin spot ETF yesterday was as follows: BlackRock IBIT: -$2.44 billion Fidelity FBTC: +$1.76 billion Bitwise BITB: +$4.6 million ARK ARKB: +$193.7 million VanEck HODL: -$7.7 million Grayscale GBTC: -$33.3 million Grayscale Mini BTC: +$5.6 million

On March 1st, based on the monitoring of Farside Investors, yesterday in the US, the Ethereum spot ETF witnessed a net outflow of $41.9 million. Specifically, the BNY Mellon ETHA had a net outflow of $30.2 million, and the Grayscale ETHE had a net outflow of $11.7 million.

On March 1st, based on HTX market data, Bitcoin has seen a rebound and exceeded $86,000. It is currently trading at $86,062, recovering by about 10% from yesterday's low.

On March 1st, the Bitcoin Layer 2 ecosystem team Bitlayer declared a strategic partnership with five leading public chains and protocols such as Base, Starknet, Arbitrum, Sonic, and Plume Network. This partnership aims to promote the integrated deployment of the BitVM Bridge and ecosystem protocol integration, offering users a secure and highly scalable multi-chain BTC asset experience. It also unlocks trillions of dollars in liquidity from the Bitcoin ecosystem for the Base, Starknet, Arbitrum, Sonic, and Plume Network ecosystems. The BitVM Bridge is a trust-minimized BTC bridge developed by Bitlayer, which is characterized by high security, support for native assets, and programmability. Currently, the Bitlayer BitVM Bridge has been launched on the testnet, enabling users to test features like Mint, Unmint, and Reclaim. In the future, the Bitlayer BitVM Bridge will expand cooperation with more public chains and DeFi protocols to fully unleash the potential of Bitcoin as a dynamic fi