Tom Lee's BitMine Ethereum Spot Position Shows Unrealized Loss of Approximately $7.5 Billion

**Perp DEX Trading Volume Update (March 4th, DefiLlama Data)** Data from DefiLlama shows a sharp surge in trading activity on Hyperliquid—one of the top perpetual futures DEXs (Perp DEXs). Over the past 24 hours, its trading volume hit nearly $9.6 billion, marking a 37% week-over-week increase, while open interest failed to rise correspondingly. Other mainstream Perp DEXs saw minor fluctuations, with some reporting slight volume declines. Below is the latest 24-hour trading volume ranking: - **Hyperliquid**: ~$9.63B trading volume; ~$4.32B TVL; ~$5.62B open interest - **Aster**: ~$2.71B trading volume; ~$1.01B TVL; ~$1.81B open interest - **Lighter**: ~$2.35B trading volume; ~$850M TVL; ~$666M open interest - **EdgeX**: ~$1.91B trading volume; ~$179M TVL; ~$1.01B open interest - **Grvt**: ~$1.68B trading volume; ~$93.98M TVL; ~$431M open interest - **Pacifica**: ~$371M trading volume; ~$36.09M TVL; ~$66.64M open interest *Note: Links to platforms (per original co

**U.S. February ADP Employment Report Release Alert** The U.S. February ADP Employment Report is set to be released tonight at 21:15 UTC+8 (March 4). Below are the forecasts for the so-called "mini nonfarm payrolls" data from 12 institutions: - Natixis: +40,000 - Deutsche Bank: +50,000 - Goldman Sachs: +50,000 - HSBC: +50,000 - Standard Chartered: +50,000 - BNP Paribas: +52,000 - Rabobank: +55,000 - Pantheon Macroeconomics: +60,000 - SMBC Nikko Securities: +65,000 - Lloyds Bank: +70,000 - Bank of America: +75,000 - Reuters Poll: +50,000 (Source: FXStreet)

Per The New York Times, on March 4, an official with knowledge of Iran’s communications with the CIA stated that Iranian operatives had laid out conditions for talks to end the war.

On March 4th, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that the average cost of an ETH transaction has dropped to just $1.33. An OG whale that had been inactive for six months has reactivated: an hour ago, it transferred 1,501 ETH (worth $3.05 million) to a new address, with no further moves or sales reported yet. The whale still holds 23,941 ETH on-chain, totaling an unrealized gain of $49.59 million.

March 4th: Bitget market data shows crypto-related U.S. stocks are trading higher in pre-market session, with the following moves: - MicroStrategy (MSTR) up 7.68% to $143; - Coinbase (COIN) up 6.43% to $194.09; - Sports Betting Tech (SBET) up 4.96% to $7.62; - BMNR up 6.69% to $20.88; - Circle (CRCL) up 5.77% to $105.38.

On March 4th, Hyperliquid monitoring data shows that after ETH prices surged over 5% in the short term, a whale address starting with 0xa5e4 on Hyperliquid was liquidated in a chain reaction. The account balance briefly fell to just $170,000, and the whale has since withdrawn all remaining funds and exited the platform. Total losses from this liquidation exceeded $1.5 million, with a liquidation volume of nearly $30 million. Eighteen hours earlier, the address transferred approximately $1.7 million in principal to Hyperliquid, then opened short positions on ETH at an average price of $1,940—reaching a peak position size of $31 million.