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Analyst: Gold Will Regain Its Position as the Preferred Safe-Haven Asset
According to Odaily, Tim Waterer, Chief Market Analyst at KCM Trade, stated that at the market opening on Monday, demand for gold may be higher than usual. Given the risks such as the potential duration of the conflict, which other countries may become involved, and concerns about inflation, gold is expected to once again take on the role of the preferred safe-haven asset. Stock markets and other risk assets may face sell-offs, and investors will be looking for the best place to park their funds, with gold likely topping that list. (Golden Ten Data)
According to Odaily, Tim Waterer, Chief Market Analyst at KCM Trade, stated that at the market opening on Monday, demand for gold may be higher than usual. Given the risks such as the potential duration of the conflict, which other countries may become involved, and concerns about inflation, gold is expected to once again take on the role of the preferred safe-haven asset. Stock markets and other risk assets may face sell-offs, and investors will be looking for the best place to park their funds, with gold likely topping that list. (Golden Ten Data)
Global financial reports show a shift away from the US, with the S&P 500 Index falling into a slump
SpaceX's bitcoin holdings drop to around $545 million before IPO, potentially facing pressure to disclose unrealized gains or losses
According to Odaily, on-chain data platform Arkham Intelligence shows that SpaceX currently holds approximately 8,285 bitcoins in a Prime exchange custody account, valued at about $545 million at the latest price, representing a decrease of around $235 million from the estimated $780 million three months ago. During this period, the company did not reduce its holdings. SpaceX is planning to submit a confidential IPO application to the U.S. Securities and Exchange Commission (SEC) as early as March, aiming for a June listing, with a valuation possibly exceeding $1.75 trillion and a fundraising scale of up to $50 billion. If successful, this would break the $29 billion IPO record set by Saudi Aramco in 2019. Data shows that since early 2026, the company's bitcoin holdings have remained at around 8,300, but the book value has fluctuated significantly due to BTC price corrections. At the end of 2021, its BTC holdings peaked at nearly $2 billion, then declined during the 2022 bear market, and have fluctuated between $400 million and $800 million over the past two years.
Market participants point out that once the S-1 document is submitted, SpaceX will be required to disclose its exposure to crypto assets, and future financial reports may also reflect the risks of book profits and losses caused by bitcoin price fluctuations. Previously, Tesla attracted market attention multiple times due to similar book value fluctuations. However, on-chain data does not show any active trading activity by SpaceX. Compared to Tesla, which has engaged in buying and selling operations, SpaceX appears to prefer a long-term holding strategy.
According to Odaily, on-chain data platform Arkham Intelligence shows that SpaceX currently holds approximately 8,285 bitcoins in a Prime exchange custody account, valued at about $545 million at the latest price, representing a decrease of around $235 million from the estimated $780 million three months ago. During this period, the company did not reduce its holdings. SpaceX is planning to submit a confidential IPO application to the U.S. Securities and Exchange Commission (SEC) as early as March, aiming for a June listing, with a valuation possibly exceeding $1.75 trillion and a fundraising scale of up to $50 billion. If successful, this would break the $29 billion IPO record set by Saudi Aramco in 2019. Data shows that since early 2026, the company's bitcoin holdings have remained at around 8,300, but the book value has fluctuated significantly due to BTC price corrections. At the end of 2021, its BTC holdings peaked at nearly $2 billion, then declined during the 2022 bear market, and have fluctuated between $400 million and $800 million over the past two years.
Market participants point out that once the S-1 document is submitted, SpaceX will be required to disclose its exposure to crypto assets, and future financial reports may also reflect the risks of book profits and losses caused by bitcoin price fluctuations. Previously, Tesla attracted market attention multiple times due to similar book value fluctuations. However, on-chain data does not show any active trading activity by SpaceX. Compared to Tesla, which has engaged in buying and selling operations, SpaceX appears to prefer a long-term holding strategy.
If Bitcoin drops below $65,000, the mainstream CEX long liquidation intensity will reach 736 million.
BlockBeats News, March 1st, according to Coinglass data, if Bitcoin falls below $65,000, the cumulative long liquidation strength of mainstream CEX will reach $7.36 billion.
Conversely, if Bitcoin breaks through $68,000, the cumulative short liquidation strength of mainstream CEX will reach $5.12 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the strength.
Therefore, the liquidation chart shows to what extent the asset price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will face a stronger reaction due to a liquidity cascade when it reaches that level.
BlockBeats News, March 1st, according to Coinglass data, if Bitcoin falls below $65,000, the cumulative long liquidation strength of mainstream CEX will reach $7.36 billion.
Conversely, if Bitcoin breaks through $68,000, the cumulative short liquidation strength of mainstream CEX will reach $5.12 billion.
BlockBeats Note: The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to neighboring liquidation clusters, that is, the strength.
Therefore, the liquidation chart shows to what extent the asset price will be affected when it reaches a certain level. A higher "liquidation bar" indicates that the price will face a stronger reaction due to a liquidity cascade when it reaches that level.
Summary of Important Developments on the Evening of March 1
Data: Hyperliquid platform whales currently hold $2.936 billions in positions, with a long-short ratio of 0.97.
ChainCatcher news, according to Coinglass data, the current whale positions on the Hyperliquid platform amount to 2.936 billions USD, with long positions at 1.448 billions USD, accounting for 49.3% of the total, and short positions at 1.489 billions USD, accounting for 50.7%. The profit and loss for long positions is -116 millions USD, while the profit and loss for short positions is 200 millions USD.
ChainCatcher news, according to Coinglass data, the current whale positions on the Hyperliquid platform amount to 2.936 billions USD, with long positions at 1.448 billions USD, accounting for 49.3% of the total, and short positions at 1.489 billions USD, accounting for 50.7%. The profit and loss for long positions is -116 millions USD, while the profit and loss for short positions is 200 millions USD.
Former Credit Suisse CIO: CME gold futures are closed on weekends, so tokenized gold is almost 100% responsible for price discovery
MANTRA issues final reminder for token upgrade: code update and 1:4 split scheduled for March 3
According to Odaily, MANTRA has issued a final reminder on the X platform regarding its token upgrade, stating that the upgrade will be executed on March 3rd. The upgrade includes a token code change and a 1:4 token split. If users hold OM on MANTRA Chain or on exchanges supporting this upgrade, no action is required—the upgrade will be completed automatically, wallet balances will be updated to the new token code, and the token quantity will increase at a 1:4 ratio. However, if users still hold OM on the Cosmos ecosystem (such as Stargaze, Osmosis, etc.), they may not receive the 1:4 revaluation. The official reminder urges users to transfer OM tokens to MANTRA Chain via the IBC bridge as soon as possible.
According to Odaily, MANTRA has issued a final reminder on the X platform regarding its token upgrade, stating that the upgrade will be executed on March 3rd. The upgrade includes a token code change and a 1:4 token split. If users hold OM on MANTRA Chain or on exchanges supporting this upgrade, no action is required—the upgrade will be completed automatically, wallet balances will be updated to the new token code, and the token quantity will increase at a 1:4 ratio. However, if users still hold OM on the Cosmos ecosystem (such as Stargaze, Osmosis, etc.), they may not receive the 1:4 revaluation. The official reminder urges users to transfer OM tokens to MANTRA Chain via the IBC bridge as soon as possible.
Tokens such as RED, HYPE, and ENA will face large unlocks next week
Bitcoin March Historical Return: 6 Up Closes and 7 Down Closes since 2013, with an average return of 11.28%
BlockBeats News, March 1st, according to Coinglass data, of the 13 "March" trends in Bitcoin's history since 2013, there were 6 increases and 7 decreases, with the largest increase occurring in March 2013, when the monthly gain reached 172.76%; the largest decrease occurred in March 2018, with a monthly decline of 32.85%.
From 2013 to the present, Bitcoin's average return in "March" trends is 11.28%, with a median return of -1.55%.
BlockBeats News, March 1st, according to Coinglass data, of the 13 "March" trends in Bitcoin's history since 2013, there were 6 increases and 7 decreases, with the largest increase occurring in March 2013, when the monthly gain reached 172.76%; the largest decrease occurred in March 2018, with a monthly decline of 32.85%.
From 2013 to the present, Bitcoin's average return in "March" trends is 11.28%, with a median return of -1.55%.