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06:59
Core Scientific plans to sell about 2,500 bitcoin in Q1 to support its AI transformation
BlockBeats News, March 3, bitcoin mining company Core Scientific expects to sell all of its approximately 2,500 bitcoins in the first quarter of 2026 to enhance liquidity and provide funding for capital expenditures related to its AI computing power hosting expansion. In the annual report submitted on Monday, the company stated that "currently, it is expected that most" of the bitcoin reserves will be sold in the first quarter, but the specific timing and amount will depend on market conditions and liquidity needs, and may be adjusted. As of December 31, 2025, Core Scientific held 2,537 bitcoins. (TheEnergyMag)
06:57
A whale holds a large on-chain short position of 5 million in WTI crude oil, possibly betting that the Strait of Hormuz has not been blocked.
BlockBeats news, March 3, according to HyperInsight monitoring, in the past half hour, the whale address starting with 0xf4b has recently opened large-scale commodity trading on-chain for the first time, targeting WTI crude oil futures. Currently, it has established a 20x leveraged short position in CL (WTI crude oil perpetual contract), with a position size of 5.09 million dollars. The average entry price is 72.5 dollars, and the liquidation price is set at 76.5 dollars. As the throat of global energy transportation, the real-time status of the Strait of Hormuz is a key factor affecting oil prices. This morning, Iran unilaterally claimed to have completely closed the strait, causing WTI oil prices to briefly surge to around 73 dollars. Subsequently, the US publicly responded that monitoring shows the strait remains open and normal, with no signs of physical blockade at the moment. The position held by this address is betting that the US statement will be verified, and oil prices may partially give back the premium; however, if substantial maritime friction erupts again or Iran's claim is confirmed, this address may face partial liquidation due to the extremely narrow liquidation price of 76.5 dollars.
06:55
DWF Labs co-founder: The company accumulated a large number of tokens last month in anticipation of a market rebound
PANews reported on March 3 that Andrei Grachev, co-founder of DWF Labs, posted on the X platform stating that last month the company accumulated a large number of various tokens, including bitcoin, BNB, and multiple altcoins. He said he is waiting for a market rebound, at which point unprecedented market activity will be seen.
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