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According to Arkham data, at 08:00 (UTC+8), 94,111.43 SOL (worth approximately 7.4273 million US dollars) were transferred from a certain exchange to an anonymous address (beginning with AeR3Jp...).

UBS precious metals strategist Joni Teves stated that gold prices may retreat in the coming months but will continue to climb in the long term. The market may already be in the later stages of a gold bull market.Gold prices are usually influenced by two factors: first, safe-haven demand (rising during periods of conflict), and second, an inverse relationship with Federal Reserve interest rates (gold prices rise when rates fall). Since the outbreak of the Iran war, market expectations for a Federal Reserve rate cut have weakened, and it is now anticipated that rates will remain unchanged this year, which reduces the likelihood of gold prices rising.Recent gold price performance: traded near $4,700 on Thursday, with a late January peak slightly above $5,600. In March, prices fell by 11% overall, marking the biggest single-month decline since June 2013, and are down 12% from the all-time high.The UBS research department has set a year-end gold price target of $5,600, based on the expectation that investors will continue to diversify their portfolios through gold purchases. Teves believes the market remains under-invested in gold, and current uncertainty is strengthening investors’ demand for diversified portfolios, with gold serving as a core component.UBS’s base case forecast is that after a period of consolidation, gold prices will set new highs later this year as capital allocation increases. However, Middle East conflicts could bring significant changes to the macroeconomic outlook and policy expectations, thereby affecting gold’s medium- and long-term performance.The recent decline in gold prices could provide a buying opportunity on dips. Teves suggests that at current levels and with any further pullbacks, gold should start to look attractive for many investors. However, many market participants remain on the sidelines, waiting for greater clarity in the situation.

Jinse Finance reported that on April 3, driven by expectations that the Iran conflict may gradually ease, US stocks closed higher, and Asian markets are likely to open slightly higher on Friday. With several regional markets closed for holidays, overall trading is expected to be subdued. The S&P 500 Index closed up 0.1% on Thursday after having plunged as much as 1.5% earlier; the Nasdaq 100 Index also ended up 0.1%. US President Trump vowed to escalate operations in Iran in the coming weeks while urging Iran to reach an agreement to end the conflict, prompting international oil prices to surge above $110 per barrel. Japanese stock index futures rose, indicating a higher opening for its market.