On March 10th, according to DefiLlama data, there is a potential on-chain liquidation of $128 million at an Ethereum price of $1919.266. The majority of this is from MakerDAO protocol liquidations, totaling $127.8 million.

According to Lookonchain monitoring, during the period of Bitcoin price decline, some whales chose to buy against the trend and go long on BTC. Address 0x9b28...7cA1 deposited 1.14 million USDC to Hyperliquid to go long on Bitcoin with 20x leverage. At the same time, another address 0x8Bff...CDC3 invested 4 million dollars and set 100 limit orders to go long on Bitcoin in the price range of $76,000 to $79,000.

According to on-chain analyst Yu Jin's monitoring, the investment portfolio of WLFI has currently lost 110 million US dollars. The 9 types of tokens purchased for 336 million US dollars are now worth only 226 million US dollars. Because ETH accounts for 65% of the entire investment portfolio, it is also the biggest loser: the average cost of ETH is $3,240, and the current price is $2,000. The loss is as high as 80.85 million US dollars (-37%). Surprisingly, the one that has dropped the least is Sun Ge's TRX: it has only dropped by 5% since being bought from WLFI.

Only 4% of the global population currently holds Bitcoin, with the United States having the highest concentration of holders, estimated at 14% of individuals owning BTC.

The Bitcoin bill in Utah has passed the state Senate, but the core provisions of the bill have been removed. The provision was originally intended to make Utah the first state in the United States to have its own Bitcoin reserve. The "HB230 Blockchain and Digital Innovation Amendment" bill now only provides basic custody protection to Utah citizens, giving them rights to mine Bitcoin, run nodes, and participate in staking. On March 7, the bill passed with 19 votes in favor, 7 votes against, and 3 abstentions, and will now be sent to Utah Governor Spencer Cox for signature into law.

The Singapore Web3 platform Galaxis announced a $5 million investment commitment from Bolts Capital to accelerate its Decentralized Science (DESCI) program and smart certificate solutions, aimed at using blockchain technology to enhance the capabilities of researchers, institutions, brands, and creators through transparency, identity verification, and intellectual property ownership.

On March 9th, CryptoQuant research director Julio Moreno posted on X platform, saying that the reason for the decline in Bitcoin price is simply that the current growth in spot demand for Bitcoin is shrinking, while Bitcoin's short positions dominate the futures market.

Today's cryptocurrency panic and greed index dropped to 20 (yesterday the index was 27), changing to "extreme panic" level. Note: Panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market survey (15%) + bitcoin's proportion in the entire market (10%) + Google hot word analysis (10%). Showing market sentiment as "extreme panic".

Jacob King, the founder of WhaleWire, posted on social media that the bear market for Bitcoin has arrived. The failure of Bitcoin's strategic reserve launch clearly indicates that, apart from confiscated bitcoins, there was never any intention to purchase any other assets. At the same time, the claim of institutional demand has collapsed, with record outflows of ETF funds as proof. All narratives have been shattered - every single one.

US President Trump refuses to rule out the possibility that the US economy will shrink and enter a recession this year. He said his comprehensive economic agenda may cause short-term turbulence, but he believes it will drive future prosperity.

According to @ai_9684xtpa monitoring, the whale suspected of opening a position with 3223 US dollars in ETH two months ago is now selling off 2048 ETH (4.39 million US dollars), facing a potential loss of 2.21 million US dollars if sold. The ETH position from two months ago also ended with a loss of 35,000 US dollars.

The yield on the 10-year U.S. Treasury bond fell 6 basis points to 4.257%, and the 2-year Treasury bond yield fell 4 basis points to 3.9624%. 

The owner of the DOGE prototype Shiba Inu KABOSU posted on the X platform, "After being attacked by hackers, this may look suspicious, but it's true. Today, our family has added a new member, I named her "Kokoro", she is a girl. Like Neiro-chan, she is a 10-year-old rescue dog. From the first meeting, Neiro-chan and Kokoro-chan greeted each other, as intimate as old friends. It's surprising to see Iro-chan like this, as he took quite a long time to get used to other dogs. I believe that from now on these two cats will get along well, and of course the other three cats will happily spend their days together."

On March 8th, AB DAO announced that AB has been listed on Hotcoin exchange at 18:00 on March 8th (UTC+8), further expanding global trading channels and promoting the widespread application of AB in the Web3 field. AB will soon be listed on four other mainstream exchanges: Gate, BitMart, Lbank, and Biconomy, significantly enhancing AB's global liquidity and ecological influence.

On March 8th, Zhu Su posted on X platform that the establishment of a strategic Bitcoin reserve in the United States sent an important signal, because for many years the biggest risk facing Bitcoin has been seen as a challenger to the US dollar, or seen as a protocol that facilitates "illegal" transfer of funds. The strategic Bitcoin reserve positions Bitcoin as a digital anonymous asset equivalent to gold, which will be recognized in the West and around the world. The US government does not need to accumulate millions of Bitcoins, it just needs to make Bitcoin the single coordination point for digital value storage.

The White House in the United States held a cryptocurrency summit for the first time on the 7th local time. Trump stated at the summit that the federal government of the United States will support the development of cryptocurrencies represented by Bitcoin and the digital asset market. U.S. media reported that Trump's policy shift may be due to the significant political donations provided by cryptocurrency investors during last year's U.S. election campaign, hoping that he would end the Biden administration's restrictive policies on cryptocurrencies after taking office. According to the Wall Street Journal, during last year's U.S. election campaign, the cryptocurrency industry provided over $130 million in political donations to candidates for both parties in the House and Senate who support cryptocurrencies through a super political action committee.

XRP (XRP) is currently facing increasing technical and fundamental pressures that could potentially lead to a 20% price decline in the near future. Based on recent market analyses and historical patterns, investors should pay attention to three key signals. The XRP/USD price chart is showing a symmetrical triangle formation on the weekly chart, indicating a struggle between buyers and sellers. Contrary to popular belief, symmetrical triangles do not always result in bullish continuation patterns and can lead to significant declines. The recent White House Crypto Summit on March 7 caused XRP's price to drop as optimism faded about its inclusion in a US strategic crypto reserve, leading to a 10% decline in the XRP market. Additionally, Bitcoin is gaining favor from the Trump administration, with the US holding approximately $17.7 billion in BTC, while XRP remains in a historical distribution zone against BTC. XRP's trading volumes have surged to record levels, indicating a distribution phase where large holders are offloading positions to retail buyers after a major rally, similar to patterns seen in 2021. The decline in XRP whale holdings further reflects distribution, with whale balances dropping from 94.21 billion to 90.21 billion XRP in a year.

An increasing number of women are becoming interested in investing in cryptocurrency, with a focus on long-term strategies and lower-risk assets such as Bitcoin, despite admitting a lack of knowledge about the industry. According to a recent survey by Bitpanda shared exclusively with Cointelegraph, 50% of female crypto investors prioritize long-term financial growth, with 49% holding digital assets for up to five years and 39% planning to hold for more than five years. Women tend to lean towards safer digital assets, with Bitcoin being the most popular choice among 30% of respondents for their first digital asset investment. The survey also revealed that over 54% of the 1,400 investors surveyed made their initial investments in Bitcoin, Ether, or XRP. Gracy Chen, CEO of Bitget cryptocurrency exchange, noted that women tend to have a more diverse portfolio and focus on long-term wealth creation rather than short-term gains, which is beneficial for the crypto ecosystem.

According to the on-chain analyst Yu Jin's monitoring, willjeetonyou.eth used 21 ETH to snipe and buy 14.83 million Cocoro at an average price of $0.003 within 2 minutes after adding liquidity on Cocoro. Currently, he still holds 13.88 million Cocoro, worth $1.11 million. He made a profit of $1.14 million on Cocoro in one hour.

SlowMist Yu Xian stated in a post on X platform that if you are still using Safe multi-signature or other multi-signature (regardless of the technical mode), you need to pay attention to these points: