Bitcoin (BTC) — Onchain News & Whale Tracking

Analyst: Bitcoin Short-Term Holders Selling at a Loss, Market Still Under Pressure

On March 9, cryptocurrency market analyst Axel noted in a recent report that the Bitcoin Short-Term Holder SOPR (Spent Output Profit Ratio) has been below 1.0 for seven of the past eight days—indicating this cohort is systematically selling at a loss. Only on March 4, when BTC briefly touched $70,800, did the indicator edge above 1.0 before quickly falling back to loss-selling territory. Meanwhile, the Short-Term Holder Supply metric has dropped from roughly 6.06 million BTC to 5.92 million over the past two weeks—a total reduction of 140,000 BTC. This group’s average cost basis is around $89,028, while the current market price hovers near $67,175, marking a 24% gap and significant unrealized losses. Axel explained the supply decline could reflect two scenarios: either capitulation (realizing losses) or tokens naturally “maturing” into long-term holdings. The wide gap between cost basis and current prices has created a structural supply surplus. If prices rise, some short-term ho

Bitcoin Surges Above $68,000

On March 9, Bitcoin rebounded to surpass $68,000, per HTX market data, with a 0.89% gain over the past 24 hours.

Last week, digital asset investment products saw a net inflow of $619 million, with Bitcoin attracting $521 million

March 9 — Per Coinshares’ latest weekly report, digital asset investment products saw a net inflow of $619 million last week, signaling the broader cryptocurrency market retained some resilience amid geopolitical unrest tied to the Iran situation. Data shows sentiment was bullish early in the week, with $1.44 billion flowing in over the first three days—but outflows hit $829 million on Thursday and Friday as oil prices climbed. Regionally, the U.S. accounted for nearly all inflows, posting a net $646 million. Europe, Asia, and Canada, by contrast, saw outflows of $23.8 million, $2.2 million, and $3.6 million respectively, indicating investors in those regions remained more cautious overall. By asset class, Bitcoin continued to dominate fund flows with a net $521 million inflow. Ethereum and Solana also saw inflows of $88.5 million and $14.6 million, while Uniswap and Chainlink each received minor inflows of roughly $1.4 million. Among major assets, only XRP posted significant

Bitcoin Surges Past $68,000, Ethereum Surges Past $2,000

On March 9th, per HTX market data: Bitcoin topped $68,000, last trading at $68,028.46 with a 24-hour gain of 1.15%. Ethereum crossed $2,000, currently trading at $2,012.72, up 3.55% over the past 24 hours.

Strategy to Raise $300 Million in Preferred Stock Financing to Further Boost Bitcoin Holdings

March 9 (Cointelegraph) — Michael Saylor’s strategy could raise $3 billion in funding in the coming weeks via the sale of preferred stock STRC to acquire additional Bitcoin.

STRC, launched in July 2025 as an income-bearing financing tool, maintains a stock price near its $100 face value through a variable monthly yield (currently 11.50% annualized) — and has helped the company accumulate a Bitcoin position worth roughly $50 billion.

Bitcoin Surges Above $67,000 in Rebound

As of March 9, Bitcoin has rebounded past $67,000, per HTX market data, and is currently trading at $67,175.11.

Bitcoin Returns to Downtrend as Oil Price Surge Triggers Safe Haven Rush

March 9th — Bitcoin fell below $66,000 this morning, per HTX market data, wiping out nearly all of last week’s rebound and resuming its downtrend. The crypto is down ~1.35% over the past 24 hours, with total network liquidations hitting $329 million: $228 million in long positions and $101 million in short positions. Iran’s conflict has spurred more major oil producers to cut output, pushing WTI and Brent crude above $100 per barrel on Monday. Dow futures extended early losses to 2%, Nasdaq futures are currently down 1.65%, and S&P 500 futures are off 1.7%. Michael O’Rourke, Chief Market Strategist at JonesTrading, said: “The stock market’s worst reaction hasn’t arrived yet. I expect risk-off sentiment to keep spreading until we see meaningful positive news.” Hedge funds, meanwhile, have reduced their net risk exposure to the lowest level since 2022.

Starcloud CEO: Plans to Mine Bitcoin in Space

On March 8, Cointelegraph reported that Starcloud CEO Philip Johnston has announced plans to mine Bitcoin in space.

Polymarket predicts an 80% probability of "Bitcoin March Price Drop to $65,000."

On March 8, as Bitcoin briefly dipped below $67,000, the Polymarket prediction market puts the probability of Bitcoin falling to $65,000 in March at 80%. Additionally, the odds of it dropping to $60,000 are 44%, while the chance of rising to $75,000 is 39%.

Michael Saylor Reissues Bitcoin Tracker Information, Hinting at Potential BTC Purchase

On March 8, MicroStrategy founder Michael Saylor shared updates related to the company’s Bitcoin tracker. Per historical patterns, MicroStrategy typically discloses details of its Bitcoin holdings accumulation the day following such an announcement.

Analyst: Bitcoin Could Bottom Out in October 2026

On March 8, analyst @alicharts released a Bitcoin four-year cycle chart to counter the "four-year cycle is dead" narrative—predicting a price bottom in October 2026 and indicating the current market is in a bear phase.

Bitcoin Breaks $68,000

On March 8th, Bitcoin broke through the $68,000 mark, per HTX market data, with a 24-hour gain of 0.16%.

If Bitcoin drops below $66,000, the mainstream CEX long liquidation pressure will reach $514 million

As of March 8, Coinglass data shows: - If Bitcoin drops below $66,000, mainstream centralized exchanges (CEXs) will face $514 million in cumulative long liquidations. - Conversely, if Bitcoin rises above $68,000, those CEXs will see $794 million in cumulative short liquidations. BlockBeats Note: Liquidation charts do not display the exact number or value of contracts at risk of liquidation. Instead, the bars represent the relative importance of each liquidation cluster compared to nearby clusters—this is "intensity." The chart thus indicates how strongly a given price level will impact the market: taller liquidation bars mean hitting that price will trigger a more significant reaction due to a liquidity cascade.

Coinbase Bitcoin Price Premium Index has been in negative premium for 3 consecutive days, currently at -0.0049%.

March 8th Coinglass data shows Coinbase’s Bitcoin Premium Index has stayed in negative territory for 3 straight days, currently at -0.0049%. Since 2024, the index has only had a positive premium on 6 days total. **BlockBeats Note** The Coinbase Bitcoin Premium Index tracks the gap between Bitcoin’s price on Coinbase (a top U.S. exchange) and the global market average. It’s a key metric for monitoring U.S. capital inflows, institutional investment activity, and shifts in market sentiment. - A positive premium means Coinbase’s Bitcoin price exceeds the global average—usually signaling strong U.S. buying pressure, active entry of institutional/regulated funds, ample USD liquidity, and broadly bullish sentiment. - A negative premium indicates Coinbase’s price is below the global average, reflecting notable U.S. selling pressure, reduced investor risk appetite, increased market risk aversion, or capital outflows. ### Notes on adjustments: 1. Fixed the obvious typo **"2026"

Whale Trader "pension-usdt.eth" Increases Long Position in Bitcoin, Holding Worth Nearly $67 Million

March 8 — per HyperInsight monitoring data — Binance whale address "pension-usdt.eth" has continued to expand its Bitcoin long position this morning. As of press time, the position totals 1,000 BTC with over 3x leverage, valued at nearly $67 million, and the address is sitting on an unrealized loss of $460,000.

Robert Kennedy Jr. confirms bid for 2028 US presidency, discloses holding Bitcoin

On March 8, The New York Post reported that Robert Kennedy Jr. has confirmed his 2028 U.S. presidential campaign. Previous public disclosures show he holds at least $1 million in Bitcoin and has no plans to divest the asset. Kennedy has publicly stated he is a vocal Bitcoin advocate, arguing that decentralization, Bitcoin’s supply cap, and hard assets like gold and silver can stabilize the U.S. dollar and curb currency devaluation.

Analyst: Bitcoin Currently in Mid-Cycle, Extreme Fear Sell-Off Easing

March 7th, cryptocurrency market analyst Axel Adler Jr. took to social media to note that Bitcoin is currently in the mid-stage of its current cycle. The NUPL-MVRV Harmonic Composite Indicator stands at 0.33, while bottoms in the past few cycles have typically occurred near the -0.5 level. The indicator also signals that cycle lows are gradually rising, meaning extreme fear-driven selling in the market is weakening. However, the metric remains well above historical bottom levels, so a widespread capitulation sell-off has not yet been confirmed.

This week, the US Bitcoin spot ETF saw a net inflow of $568 million

As of March 7, Farside Investors monitoring shows the total net inflow of U.S. Bitcoin spot ETFs this week reached $568 million. Key fund-level flows are as follows: - BlackRock IBIT: +$660 million - Fidelity FBTC: -$153 million - Bitwise BITB: -$24.2 million - ARK ARKB: -$6.9 million - Jane Street BTCO: +$15.3 million - Franklin EZBC: +$22.5 million - Valkyrie BRRR: +$17 million - VanEck HODL: +$10.3 million - WisdomTree BTCW: +$16.5 million - Grayscale GBTC: -$35 million - Grayscale BTC Mini: +$46 million

Whale Investor Pension-USDT.eth Initiates Position Reduction of Its Bitcoin Short Trade

March 7: Per monitoring from HyperInsight (via their Telegram channel: https://t.me/HyperInsight), the whale address pension-usdt.eth is reducing its Bitcoin short position. The address initially held a 1,000 BTC short, which has now been cut to 900 BTC, with unwinding still ongoing.

Bitcoin Dips Below $68,000

March 7 — Bitcoin dips below $68k, currently trading at $67,501 per HTX market data.

Analyst: Over the past 7 days, Bitcoin CEX outflow has hit a recent high, with stablecoin inflows showing typical large-scale spot buying behavior characteristics

On March 7, cryptocurrency market analyst Axel reported that Bitcoin has seen net outflows from exchanges over the past seven days, totaling 47,700 BTC—marking a new annual high for single-week outflows. Between February 27 and March 5, daily net Bitcoin outflows were: -2,867, -1,205, -251, -6,129, -1,819, -31,900, and -3,478 BTC. The largest single-day move was on March 4, with 31,900 BTC flowing out—typically linked to large entities transferring to cold wallets, and potentially reflecting institutional internal transfers. Sustained net outflows from exchanges typically signal weakening selling pressure in the spot market. If Bitcoin continues to see net outflows over the next 3-5 days without significant inflows, this will confirm a "sustained accumulation" signal. Additionally, the annual stablecoin net flow chart shows a large net inflow of roughly $1.1 billion in early March, which quickly reversed to net outflows; the current reading stands at -$37.5 million. Axel no

Tether Backs Utexo with $7.5M Investment to Boost USDT on Bitcoin Network Settlement

March 7 — Stablecoin issuer Tether announced it co-led a $7.5 million investment round in startup Utexo, with participation from Big Brain Holdings, Portal Ventures and Franklin Templeton. Utexo is building infrastructure to enable USDT to settle directly on the Bitcoin network and support payments via the Lightning Network. Its solution offers a pre-confirmable fixed fee and leverages Bitcoin’s security to complete transactions through atomic and privacy-focused settlement mechanisms. Paolo Ardoino noted that native USDT settlement on Bitcoin and the Lightning Network will further strengthen Bitcoin’s role as a global dollar settlement network. USDT currently has a supply of ~$184 billion, making it the largest USD stablecoin by market capitalization.

Non-Farm Payrolls Miss, Crypto Market Experiences Low Short-Term Volatility, Bitcoin Holds near $70,000 Price Level

March 6: The latest U.S. nonfarm payrolls data for February came in weaker than expected, with seasonally adjusted payrolls declining by 92,000. This marks the first time since October 2025 the figure has posted a negative reading, contrasting with a market consensus forecast of a 59,000 gain. In cryptocurrency markets, short-term volatility was muted. Bitcoin held steady near the $70,000 level, while Ethereum traded around $2,050.

Bitcoin Falls to $70,000, Day Traders Take Profit amid Escalating Middle East Tensions

March 6 — Bitcoin prices rebounded to $74,000 midweek before retreating, dropping roughly 3.7% over the past 24 hours to hover above $70,000. The CoinDesk 20 Index fell 3.5% over the same period. Analysts cite two drivers for the pullback: short-term traders locking in profits after the rebound, and escalating Middle East tensions pushing some capital into lower-risk assets. Derivatives market sentiment remains bearish, with funding rates staying negative — a sign traders are paying to keep their short positions open. Spot demand, however, remains intact: recent stablecoin inflows into exchanges hit a new high since 2026, and net flows into Bitcoin spot ETFs have turned positive again. Market participants note that historically, sustained spot accumulation paired with negative funding rates has often sparked a short squeeze — though the outcome this time is uncertain. Meanwhile, U.S.-Israeli strikes on Iran and retaliatory measures have disrupted oil shipments through the S

Strike Secures New York BitLicense, Officially Bringing Bitcoin Financial Services to Local Users

On March 6, Bitcoin payments firm Strike secured a BitLicense and money transmitter license from the New York State Department of Financial Services (NYDFS), enabling it to operate in New York—one of the most heavily regulated crypto markets in the U.S. With the licenses in hand, Strike can now offer a range of services to individuals and businesses in New York, including buying and selling Bitcoin, auto-converting wages to Bitcoin, and using Bitcoin balances to pay utility bills, credit card bills, and mortgages. The platform also supports dollar-cost averaging and price-triggered trading, and lets users convert up to 100% of their wages directly to Bitcoin—with no conversion fees on monthly wage amounts up to $20,000. Strike founder and CEO Jack Mallers noted that securing the BitLicense is a major milestone for the company, enabling it to bring Bitcoin financial services to New York—a global financial hub. Additionally, Strike plans to launch a Bitcoin-backed lending servic

Bitcoin Surges to $74K, Sparking Debate in the Market Over Whether This Is a "Bull Trap"

**March 6th** Bitcoin recently rebounded to ~$74,000 before pulling back to around $70,000, sparking a sharp split in the market over whether a phase top has formed at these levels. Bearish analysts draw parallels to Bitcoin’s 2022 bear market midterm structure. Data shows that following its October 2025 high of $126,000, the token hit a rebound peak roughly 149 days later—a time window matching the prior two cycles. Some traders argue this current rally is a liquidity-fueled bull trap, forecasting further downside to below $60,000, potentially testing the liquidity-dense zone between $62,000 and $65,000. Conversely, bullish analysts contend a phase bottom has formed near $60,000. Unlike 2022, this pullback failed to break below the 200-week Exponential Moving Average (EMA), instead retracing before rebounding—signaling a stronger market structure. They cite ongoing institutional inflows via spot ETFs and tightening supply as key supports. Bulls add that as long as the criti

Spot Bitcoin ETF Sees Three-Day Net Inflow End, with a Single-Day Outflow of $228 Million

U.S. Bitcoin spot ETF inflows hit a pause on March 6. Data shows the funds posted a net outflow of $228 million on Thursday as Bitcoin prices dropped below $71,000, halting three straight days of roughly $1.1 billion in net inflows. The outflows were led by the iShares Bitcoin Trust ($89 million), Fidelity Wise Origin Bitcoin Fund ($48 million), and Bitwise Bitcoin ETF ($46 million). Still, U.S. Bitcoin spot ETFs held a net inflow of ~$917 million as of Thursday (the end of the week prior to Friday), with assets under management (AUM) staying above $90 billion. Analysts note the recent Bitcoin rebound above $73,000 is likely a “relief rally” rather than the start of a new bull market. Some institutions previously warned Bitcoin could still fall below $60,000 amid the ongoing crypto market correction. Other crypto ETFs also saw outflows Thursday: Ethereum-linked funds posted ~$91 million in outflows, while XRP and Solana ETFs had minor outflows of $6 million and $5 million, res

Analyst: Bitcoin Short-Term Holders Inclined to Take Profits, Over 27,000 BTC Moved to Exchange in Past 24 Hours

On March 6, CryptoQuant analyst Darkfost noted that despite a minor Bitcoin rebound, Short-Term Holders (STHs) aren’t buying the rally—opting instead to lock in quick profits. Over the past 24 hours, STHs have moved more than 27,000 BTC to exchanges, a level near multi-month highs. Currently, the only STHs able to book profits are those who accumulated positions 1 week to 1 month ago, with a realized price around $68,000. Given the short-term negative news flow and macroeconomic outlook, this behavior is understandable and relatively rational. Still, it signals notable selling pressure, as STHs don’t appear ready to hold positions long-term.

Bitcoin HODL Strategy Currently Shows a 6.96% Unrealized Loss, Equivalent to Around $3.8 Billion

March 6 — Bitcoin has dropped 2.74% over the past 24 hours, trading at $70,694 as of HTX market data. Strategy’s Bitcoin position currently carries an unrealized loss of 6.96%, equating to roughly $3.8 billion. As of March 1, 2026, Strategy holds 720,737 BTC total, with an aggregate cost of approximately $54.77 billion — translating to an average per-BTC cost of about $75,985.

If Bitcoin breaks $72,000, the mainstream CEX cumulative short liquidation intensity will reach 643 million.

Per Coinglass data as of March 6th: - If Bitcoin rallies above $72k, total liquidation pressure on mainstream CEX short positions could hit $643M. - Conversely, if BTC drops below $70k, total liquidation pressure on mainstream CEX long positions could reach $229M. BlockBeats Note: The liquidation chart does not show exact contract counts or values for positions at risk of liquidation. Instead, bars reflect the relative importance of each liquidation cluster vs. nearby clusters—what we call “liquidation strength.” This means the chart indicates how impactful a move to a specific price level could be: A taller bar signals a more intense market reaction at that price, driven by a liquidity cascade.

Polymarket predicts an 89% chance of "Bitcoin reaching $75,000 this year."

On March 6, Polymarket data shows: - 89% probability Bitcoin rebounds to $75,000 this year - 75% odds BTC rises to $80,000 within the year - 68% chance it drops to $55,000 this year (Note: Uses concise, bullet-point structure common in U.S. crypto news; alternates "probability/odds/chance" to avoid repetition; aligns with casual yet clear language for quick updates.)

Vancouver City Council Urged to Withdraw Proposal for "Bitcoin-Friendly" City

On March 6, The Block reported that Vancouver, Canada, city officials have recommended the city council withdraw a proposal to designate the city a “Bitcoin-friendly” city following a legal review. In a recent report submitted to the Vancouver City Council, staff recommended repealing the motion—titled “Preserving the City’s Purchasing Power by Diversifying Financial Reserves: Becoming a Bitcoin-Friendly City”—which was first proposed in November 2024. The report stated: “Staff has unequivocally determined that under the Vancouver Charter (the law governing municipal operations in the city), Bitcoin does not qualify as a permitted investment asset for the municipality. Therefore, we recommend ceasing further work on the proposal.” Additional rationales cited for the withdrawal include reallocating staff resources to higher priorities and aligning the proposal with other municipal plans.

Yesterday the US Bitcoin Spot ETF saw a net outflow of $2.279 billion

March 6: U.S. Bitcoin spot ETF recorded a net outflow of $227.9 million yesterday, per Farside monitoring data.

CleanSpark February Mining Output Yields 568 Bitcoins, With 553 Sold During the Same Period

Bitcoin mining firm CleanSpark on March 6 released its February operational update, reporting a monthly output of 568 bitcoins and sales of 553—achieving a 97% sales ratio, a new monthly record high for the company. The sales generated approximately $36.65 million in cash, based on an average bitcoin price of $66,279. Proceeds from the sale will fund CleanSpark’s expansion into AI and high-performance computing (HPC) data centers. As of February 28, the company holds 13,363 bitcoins total, with 1,086 of those tied to collateral or receivables from derivative transactions. Its operating hash rate has reached 50 exahashes per second (EH/s), accounting for roughly 7% of the global total hash rate.

PsiQuantum to Build Million-Qubit Quantum Computing Facility, Scientists Say Could Break Bitcoin

**March 6th: PsiQuantum Launches 1M-Qubit Fault-Tolerant Quantum Facility in Chicago** PsiQuantum has broken ground on a fault-tolerant quantum computer facility in Chicago, aiming for 1 million qubits using a photonic quantum computing approach. The project leverages mature semiconductor, fiber optic, and cooling technologies to enable scalability. Construction is progressing rapidly: 500 tons of steel framing were installed in just days. The first phase is expected to be partially completed around 2027, with full operation targeted for 2028. The facility’s computing power will match that of billions of traditional computers, primarily supporting next-generation AI supercomputing. Encryption experts are closely monitoring the facility’s potential to crack Bitcoin. PsiQuantum co-founder Terry Rudolph has explicitly stated the company has no plans to use quantum computing to target Bitcoin, noting its scale is far too large to carry out such covert actions. With quantum thre

Bitcoin Mining Difficulty Increased by 0.45% to 145.04 T This Morning

March 6 — Per CloverPool data, the Bitcoin network completed its latest difficulty adjustment at block height 939,456 at approximately 1:28 a.m. UTC+8 today. The difficulty rose by 0.45% to 145.04T. The network’s current total hashrate stands at 1.02 ZH/s, with the next adjustment projected to occur in roughly 13 days and 20 hours.

Overnight Volatility in the Crypto Market, Bitcoin Falls Below $71,000, US Stock Crypto-Related Stocks Experience Widespread Decline

March 6th – Per HTX market data, the crypto market trended downward overnight. Bitcoin is currently trading at $70,900, down 1.95% over the past 24 hours, while Ethereum sits at $2,073, off 1.98% in the same period. The total crypto market capitalization has dropped 1.7% in 24 hours to $2.487 trillion. ### Top Declining Altcoins - SAHARA: -10.72% to $0.26 - GIGGLE: -10.7% to $28.56 - COOKIE: -9.8% to $0.02 - FIO: -9.3% to $0.0087 ### Top Gaining Altcoins - BARD: +52.5% to $1.66 - KITE: +21.2% to $0.273 - HUMA: +18.7% to $0.016 - ORCA: +1.4% to $1.04 ### U.S. Equities & Crypto-Related Stocks The three major U.S. indices closed lower: - Dow Jones: -1.6% - S&P 500: -0.57% - Nasdaq Composite: -0.2% Crypto-related stocks were mostly down, with: - MicroStrategy (MSTR): -4.53% - Coinbase (COIN): -1.54% - Circle (CRCL): +0.4% - MARA Holdings (MARA): -5.6% - Riot Platforms (RIOT): -5.3% - BitMine Immersion (BMNR): -3.5% - SharpLink Gaming (SBET

Bitcoin briefly drops below $71,000

On March 6th, per HTX market data, Bitcoin briefly dipped below $71,000, posting a 2.70% 24-hour decline.

Report: Bitcoin Retracement of 23% Does Not Shake Institutional Confidence, Long-Term Funds Still Accumulating

**CoinShares Report: Institutional Bitcoin Holdings Hold Steady Amid 23% Pullback** March 5: CoinShares’ latest report finds professional investors have held steady overall despite Bitcoin being down roughly 23% from last year’s peak. Advisory firms and hedge funds trimmed their BTC holdings slightly, but long-term investors—including university endowments, pension funds, and sovereign wealth funds—continued accumulating during the dip. The report notes the recent drop in AUM (assets under management) is primarily driven by price volatility, not large-scale outflows of institutional capital. Meanwhile, global Bitcoin spot ETFs continue to see net inflows, indicating recent selling pressure stems more from early long-term holders taking profits than new institutional investors exiting. CoinShares adds that as ETFs have launched, future regulatory disclosures will more clearly reflect institutional activity during larger price swings.

Viewpoint: Bitcoin Is Becoming a Key Player in the Global Energy Debate

March 5 — MEXC Chief Operating Officer Vugar Usi Zade said that as governments worldwide increasingly “weaponize” the energy market, Bitcoin is rapidly evolving from its original neutral technical protocol into a strategic asset with geopolitical significance. More and more countries are tapping into excess energy to develop Bitcoin mining and viewing hash rate as a new form of national soft power. Examples include: - The U.S., leveraging its renewable energy edge, controls roughly 37% of the global hash rate; - Russia holds about 16%; - France is exploring using excess nuclear energy for mining; - Nations like Ethiopia, Norway, and Iceland are attracting mining investments via their hydropower and geothermal resources. Usi Zade noted that amid some countries building strategic Bitcoin reserves and supporting domestic mining industries, Bitcoin is gradually shifting from a “cyberpunk experiment” to a national-level industrial policy tool. Going forward, countries that can

Trump Family Supports Mining Company Board Members' Massive Bottom Fishing: Two Executives Splurge on 1.63 Million American Bitcoin Shares

March 5 — Two directors of American Bitcoin (ABTC), a Bitcoin mining firm backed by the Trump family, collectively bought roughly 1.63 million shares during the post-disclosure window period, per documents. Justin Mateen purchased ~1.3 million shares at an average price of $1 each, while Richard Busch acquired about 330,000 shares over the past two days. ABTC previously reported a net loss of $59 million in Q4 2025. Co-founder Eric Trump noted the company now holds more than 6,500 Bitcoins—up 500 from its last disclosure—ranking 17th globally among public firms for Bitcoin holdings. The firm uses a dual "mining + direct coin purchases" strategy: ~one-third of its Bitcoin comes from mining, with the rest sourced via market buys and strategic trades. ABTC also announced it’s buying 11,298 ASIC mining machines, expected to boost its hash rate by ~12%. Eric Trump and Donald Trump Jr. collectively own ~20% of ABTC’s shares.

Spot Bitcoin ETF Sees Over $1.1 Billion in Net Inflows Over Three Days, Analyst Says "Safe Haven Asset" Narrative Is Back

**March 5th Update** Spot Bitcoin ETF inflows have rebounded sharply. Data shows the funds recorded ~$1.1 billion in net inflows over the three trading days March 2–4, with a single-day net inflow of ~$462 million on March 4—led by BlackRock’s iShares Bitcoin Trust (IBIT) at ~$307 million. The capital inflow has lifted Bitcoin prices: the token briefly hit $74,000, currently holds above $73,000, and is up ~6% on the week. Analysts note amid geopolitical tensions in the Strait of Hormuz and rising macro uncertainty, institutional funds may again view Bitcoin as a geopolitical risk hedge. Some market watchers say sustained net inflows into ETFs could further solidify Bitcoin’s “safe-haven asset” narrative.

Glassnode: Bitcoin Sell-off Pressure Easing, Early Accumulation Signs Emerging

On March 5th, Glassnode took to social media to note that BTC spot ETF outflow momentum is easing, with the 14-day net inflow trend flipping positive. This suggests selling pressure is abating as BTC pushes above $70,000. While institutional demand remains hesitant, early signs of reaccumulation are emerging.

If Bitcoin rebounds above $75,000, the mainstream CEX cumulative short liquidation pressure will reach $1.154 billion.

Per Coinglass data as of March 5th: If Bitcoin rebounds above $75,000, cumulative short liquidation intensity across major centralized exchanges (CEXs) will hit $1.154 billion. Conversely, a drop below $72,000 will trigger just $334 million in cumulative long liquidation on major CEXs—with further downside below $71,000 required to unlock a higher intensity of $1.234 billion. BlockBeats Note: Liquidation charts do not precisely show the number of contracts pending liquidation or the exact value of contracts being liquidated. The bars on these charts instead reflect the importance of each liquidation cluster relative to neighboring clusters (i.e., "intensity"). As such, the chart indicates how impactful reaching a specific price level will be: a taller "liquidation bar" means the price hitting that level will spark a more intense response due to a liquidity cascade.

Bitcoin Surges Past $73,000

March 5, according to data from HTX, Bitcoin rallied past $73,000 and was last trading at $73,150.

Bitcoin has currently dropped below $72,000

March 5th: Bitcoin briefly fell below $72,000 per HTX market data, last trading at $71,784.

Yesterday, the US Bitcoin spot ETF saw a net inflow of $4.619 billion, with a total inflow of over $1.1 billion in the past three days.

On March 5, Farside data showed U.S. Bitcoin spot ETFs posted a net inflow of $461.9 million yesterday—their third consecutive day of net inflows, with total inflows surpassing $1.1 billion over the past three days. Notably, BlackRock’s IBIT recorded a $306 million net inflow yesterday, while Fidelity’s FBTC saw a $48 million net inflow.

Two Bitcoin Whales Together Deposit 775 BTC to Binance, Worth Around $56.3M

On March 5th, The Data Nerd reported that two Bitcoin whales collectively sent 775 BTC (worth approximately $56.3 million) to Binance over the past two hours.

An OG Bitcoin wallet address deposited 500 BTC to Binance, worth $36.39 million

March 5th: According to LookOnChain monitoring, the Bitcoin OG wallet address "1QLASn" — inactive for 8 months — deposited 500 BTC to Binance 2 hours ago, with the assets valued at $36.39 million.

Bitwise Donates $233,000 to Bitcoin Open Source Developers

March 5: Bitwise announced it has donated $233,000 to Bitcoin open-source developers, fulfilling part of its annual commitment to supporting the community. This comes amid significant growth for Bitwise’s Bitcoin Spot ETF (BITB) this year. The donation marks the second annual contribution under the firm’s pledge—made at BITB’s launch—to donate 10% of its gross profits each year.