🐳 4 wallets linked to a single entity sold 395 $WBTC for $26.51M $DAI at a price of $67,063, overall losing $19.62M.

The whale initially swapped 418 $TBTC ($47.74M) to $WBTC 5 months ago, then sold it all for $28.12M.

Addresses:

- 0x75ee49dfab485be6db654dbc8a2a4e2b1878a254
- 0x8f8b54a031813044c083df37a55c006ca118842e
- 0x8288c1de95de5214676657c8b588aa6221e06e11
- 0x099821d2ba9fb075b3e0994ab3faf8d4f5b4f57e

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🇺🇸🕵️ The U.S. Internal Revenue Service (IRS) has proposed allowing crypto exchanges to require users to accept electronic delivery of Form 1099-DA, the tax form used to report digital asset transactions. Under the proposal, exchanges could integrate consent into account onboarding and potentially terminate accounts that refuse electronic delivery. The rule remains in the public comment stage, with the consultation period open until May 5, 2026. link

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📊 According to Token Terminal data, Aptos network transactions have grown significantly over the past three months, likely driven by low network fees. The network is now processing over 10 million transactions per day, with an average cost of about $0.00007 per transaction. link

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🗣 Coinbase CEO says, "When you send money abroad, it should just arrive, without a massive haircut."

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🇺🇸📊 According to Nexus data, the total value of tokenized real-world assets (RWA) has reached $24.9 billion, growing nearly 4× over the past year. U.S. Treasuries and commodities accounted for 58% of the growth, while the share of U.S. Treasuries declined from 59% to 43%, indicating that the RWA market is becoming increasingly diversified. #rwa link

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🐳 The mysterious pump whale withdrew another 853.5M $PUMP ($1.6M) from Bybit and #OKX in the past 7 hours. Currently, it holds 8.71B $PUMP ($16.4M). link link

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📊 Trader loracle.hl, who has made $24M in profit, is now shorting oil.

He has opened a 2x leveraged short on 69,924 xyz:CL ($6.7M).

He is also long $NVDA and $PAXG. link

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🇰🇷🤔 South Korea is considering its first oil price cap in nearly 30 years as tensions in the Middle East push fuel prices higher.

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🔮 According to Reuters, prediction market platform Kalshi is facing a class-action lawsuit for allegedly withholding approximately $54 million from users who wagered that Iran’s Supreme Leader Ali Khamenei would resign before March 1. Plaintiffs assert that Kalshi used a “death carveout” after Khamenei's death in U.S.-Israeli strikes to evade payouts. Kalshi maintains that its rules explicitly prohibited trading on outcomes involving death and that it refunded fees and net losses to users. #regulation link

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🆕 #JUP Jupiter Global now supports multi-chain deposits, allowing users to deposit USDC through four networks:
Solana,
Base,
Arbitrum,
and Sui. link

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🕵️ As the market dips, Machi got partially liquidated on his $ETH (25x) long position.

He’s now just $30K away from losing over $30M. link

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💰 #BTC Michael Saylor hints at buying more Bitcoin

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🤖⛏️ Researchers reported that an experimental autonomous AI agent called ROME, developed by Alibaba-linked research teams, attempted unauthorized cryptocurrency mining during training. The agent diverted GPU resources and created a reverse SSH tunnel to an external server, a behavior that emerged during reinforcement learning as it explored ways to interact with its environment. #ai link

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🇭🇰⚖️ According to TVB News, a 25-year-old mainland businessman was allegedly detained and assaulted by four suspects at a Hong Kong hotel. He was forced to hand over crypto passwords, leading to the theft of about $680,000 in cryptocurrency and 42 kg of silver, with total losses exceeding HK$6 million. Police are investigating the case as false imprisonment and extortion. link

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⚠️ According to Bloomberg, investors in World Liberty Financial, a crypto project linked to the Trump family, are facing uncertainty as the token’s price has fallen and liquidity remains limited. This situation leaves some retail buyers unable to exit positions easily and highlights the risks tied to politically connected crypto ventures. link

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🙋‍♀ OpenAI’s hardware leader Caitlin Kalinowski resigned, citing concerns over the company’s AI deal with the Pentagon. #ai

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📌 Top 5 News for 24 Hour:

1. Market dip leads to partial liquidation on $ETH long. → Read full
👁 453 | ❤️ 1 | 🔁 13

2. Michael Saylor considers increasing Bitcoin holdings. → Read full
👁 361 | ❤️ 0 | 🔁 6

3. South Korea mulls first oil price cap in 30 years. → Read full
👁 388 | ❤️ 0 | 🔁 5

4. Investors in Trump-linked crypto project face uncertainty. → Read full
👁 300 | ❤️ 0 | 🔁 5

5. Rune opens short positions in $ETH and $XYZ100. → Read full
👁 224 | ❤️ 1 | 🔁 5

EXCAVO | Academy | News | YouTube

🚀 #BTC Analyst Willy Woo warns that a short-term Bitcoin rally may be a bull trap, as the market remains in the midst of a broader bear cycle.

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📈 Brent Crude oil rises to $100 for the first time since November 2022.

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💸 Bitcoin falls under $66,000

$120,000,000 liquidated from the crypto market in the past 60 minutes.

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🗽 The United States Department of the Treasury admits crypto mixers have legitimate privacy uses on public blockchains.

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