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According to Jinse Finance, on-chain analyst Ember has monitored that a whale who bet $54.63 million on [digital gold BTC] and [real gold XAUt], after fully liquidating BTC in mid-January, has now, three hours ago, also fully sold 5,809.8 XAUt (worth $29.81 million) at a price of $5,130. Now that all positions have been closed, he lost $5.15 million on digital gold, but made a profit of $5.18 million on real gold. Overall, he broke even, achieving a perfect hedge: ◎ Spent $30 million to purchase 264.8 WBTC at a price of $113,262. Sold at $93,844, resulting in a loss of $5.15 million. ◎ Spent $24.63 million to purchase 5,809.8 XAUt at a price of $4,239. Sold at $5,130, making a profit of $5.18 million.

Golden Ten Data reported on March 9 that soaring oil prices combined with the depreciation of the yen have increased Japan's risk of sliding into stagflation, which will prompt the government to ramp up fiscal spending while complicating the Bank of Japan's task of normalizing its policy settings. "This is a double blow for Japan," said Yuichi Kodama, chief economist at the Meiji University Research Institute. "Soaring oil prices amid a weak yen will put heavy pressure on the Japanese economy. There is no doubt that the risk of stagflation is rising." Kodama emphasized that it all depends on how long high oil prices persist. He said that if oil prices continue to surge, Japanese Prime Minister Sanae Takaichi will definitely need to consider introducing a new economic plan. Further increases in spending could once again trigger investor concerns about Japan's long-term fiscal situation, worries that previously led to a major sell-off in the bond market in January. Kodama expects that the current economic and market environment will prompt the Bank of Japan to hold off on raising interest rates for now, as officials need to assess the potential major impact of the Iran conflict.

ChainCatcher news, according to Golden Ten Data, Wall Street veteran strategist Ed Yardeni stated that as the Iran war continues to escalate and impacts global markets, the risk of a major sell-off in the US stock market is increasing. He has raised the probability of a market crash from 20% to 35%, while significantly lowering the likelihood of a market rally from 20% to just 5%. Yardeni pointed out that the US economy and stock market are getting caught in Iran's predicament, and if the oil shock persists, the Federal Reserve will face the dual risks of rising inflation and unemployment rates.