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๐Ÿ“Š VanEck reported that the current Bitcoin options market reflects a defensive stance, with premiums for downside protection hitting a record high. The put/call open interest ratio has increased to 0.84, the highest since June 2021. In the last 30 days, spending on put options reached approximately $685 million, while call option premiums decreased by about 12% to around $562 million. Additionally, realized volatility fell from around 80 to 50, and futures funding rates decreased to 2.7%.
๐Ÿ•ต๏ธ After getting completely liquidated, Machi reopened a long position in $ETH (25x) with 2,700 $ETH, valued at $5.7M.
๐Ÿ“ˆ Crypto hiring demand has sharply contracted in early 2026, with new job postings across major crypto job boards averaging about 6.5 per day, down roughly 80% year-over-year. Several crypto firms, including Algorand Foundation, Gemini, Cryptocom, OP Labs, and PIP Labs, have announced layoffs, cutting about 450 positions within a few weeks due to weak market conditions and falling token prices, as well as efficiency gains from integrating AI.
๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ‘ฎ According to The Economic Times, CoinDCX, one of Indiaโ€™s largest crypto exchanges, reported that its co-founders Sumit Gupta and Neeraj Khandelwal were arrested by police in connection with a fraud case involving impersonation websites. The company stated that the FIR was due to identity misuse, with scammers creating approximately 1,212 fake websites posing as CoinDCX. CoinDCX emphasized that it is cooperating with the investigation and that the founders were not involved in any wrongdoing.
๐Ÿฅท #RESOLV Resolv Labs announced that the protocol has been hacked for 50 million $USR. The team has currently suspended all protocol functions and is working on recovery.
๐Ÿณ Whale 0xC551 bought another 1,979 $ETH ($4.14M) 8 hours ago.

In the past month, this whale has bought a total of 8,662 $ETH ($18.05M).
One of them will be x10 from here
๐Ÿ’ฐ #BTC Michael Saylor hints at buying more Bitcoin with a HUGE orange dot
#TRIA next x10
๐Ÿ“Œ Top 5 News for 24 Hour:

1. Bitcoin price drops due to Trump's Iran threat. โ†’
๐Ÿ‘ 356 | โค๏ธ 3 | ๐Ÿ” 5

2. Global M2 Money Supply growth slowing, impacting Bitcoin. โ†’
๐Ÿ‘ 282 | โค๏ธ 0 | ๐Ÿ” 5

3. Elon Musk plans to build cities on Moon, Mars. โ†’
๐Ÿ‘ 254 | โค๏ธ 0 | ๐Ÿ” 5

4. Machi's $ETH long liquidated, losing over $30M. โ†’
๐Ÿ‘ 282 | โค๏ธ 0 | ๐Ÿ” 4

5. Machi reopens $ETH long position after liquidation. โ†’
๐Ÿ‘ 307 | โค๏ธ 1 | ๐Ÿ” 3

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๐Ÿ“‰ Bitcoin has dropped below $68,000.
๐Ÿ“Š Hyperliquid HIP-3 market data shows approximately $14.39 billion in trading volume over the past 7 days, with open interest at around $1.73 billion.

Commodity markets are led by crude oil contracts:
CL is trading at about $97.87, up 2.13% over the past 24 hours, with open interest of roughly $265 million and 24-hour volume of $201 million;
BRENT is trading at approximately $106.40, also up 2.13%, with open interest of about $362 million and volume of $194 million.
๐Ÿ˜ฑ๐Ÿค‘ Fear & Greed Index for #ETH
๐Ÿณ Mysterious Whale from ShapeShift Era further withdrew $4.35M $USDT from Aave and bought 2,013 $ETH.

The whale now holds 122,392 $ETH worth $251.3M.
๐Ÿ‡ฏ๐Ÿ‡ต๐Ÿ“Š Japan's Nikkei 225 stock market futures fall 4% after Iran threatens to "completely close" the Strait of Hormuz.
๐Ÿณ A mysterious whale linked to Erik Voorhees spent another 4.35M $USDT to buy 2,103 $ETH at $2,069 today.

In the past 2 weeks, this whale has spent $264.37M $USDT to buy 122,355 $ETH at an average price of $2,161.
๐Ÿ•ต๏ธ Machi got fully liquidated again on his $ETH (25x) long position, and shortly after opened a new $ETH (25x) long.

Machi now has only $32K in his wallet, and his losses now exceed $30.35M.
๐Ÿ•ต๏ธ Ethereum builder Thomas G. is also selling low and buying high $ETH.

On March 3, he sold 12,131 $ETH ($24.24M) at $1,998.

Then, in the past week, he bought 10,209 $ETH ($22.58M) back at an average price of $2,211.