Lookonchain monitoring shows that in the past four days, a new wallet has extracted 6,660 BTC worth about $445 million from Kraken.

According to market trends, BTC has fallen below $66,000 and is currently trading at $65,999.9, with a daily increase of 1.98%. The market is volatile, so please be cautious and manage your risks.

According to The Block data on March 4th, after reaching a high of $66,405, Bitcoin's circulating market value reached $1.303 trillion, surpassing the record market value of $1.302 trillion in November 2021.

Bitcoin touched $66,000, hitting a new high since November 2021, with a 4.8% increase within the day. The market is volatile, so please be prepared for risk control.

According to Bitcoin Magazine, Bitcoin has just surpassed the Swiss franc (CHF) to become the world's 13th largest currency. According to data from 8marketcap, the current market value of Bitcoin has risen to $1.2826 trillion, surpassing META and becoming the ninth largest asset in the world.

Bitcoin prices have dropped sharply, cutting mining revenues in half even before the actual incoming halving This situation will undoubtedly bring the ‘mining death spiral’ argument back to the forefront of the bitcoin media cycle ‘Mining death spirals’ do not actually happen in real life — they are highly theoretical edge cases without any historical real-world precedent Mining cost is largely a function of the difficulty, this is a dynamic metric determined by the protocol itself and it can adjust both up and down to keep block times at 10 minutes on average

On March 3rd, Bitcoin Core developer Peter Todd confirmed his attendance at the Bitcoin Asia conference. Peter Todd is a well-known early developer of Bitcoin Core and also the cornerstone of the RGB protocol, which proposes single-use seals and client verification for the first time.

According to Glassnode data, the stock of Bitcoin on OTC platforms has been continuously decreasing during this market rise, and has now fallen to its lowest historical level (388 coins on February 29th), comparable to mid-2018. Caitlin Long, founder of crypto-friendly bank and Bitcoin custody institution Custodia Bank, responded to comments about "Bitcoin OTC platform stock nearing depletion" on social media, stating that a reliable source indicated that at some point on Wednesday this week, there were only about 40 BTC available for trading on the Bitcoin OTC platform. Note: The OTC platform data collected by Glassnode only covers some mainstream platforms and cannot accurately represent the stock data of all global platforms, but still has reference value.

According to IntoTheBlock data, more than 97% of Bitcoin addresses are currently profitable, reaching the highest profit level since November 2021. Long-term investors who have held Bitcoin for more than a year own 13.6 million Bitcoins.

Gray released the February market report, which pointed out that Bitcoin's price rose by about 45% in February, breaking through $60,000 for the first time since the fourth quarter of 2021. This phenomenon reflects the large influx of funds into US ETFs and expectations for Bitcoin halving in April.