Wu Shuo Daily Crypto News Selection - "Lost" Irish Drug Trafficker's 6000 Bitcoin Fortune Shows Activity, 500 BTC Transferred

1. The “lost” Irish drug dealer’s 6,000 Bitcoin fortune shows movement, with 500 BTC transferred

Approximately 500 BTC (about €30 million / $35.44 million) out of the roughly 6,000 BTC held by Irish drug dealer Clifton Collins, once thought to be permanently lost, moved into Coinbase on March 24 after nearly 10 years of dormancy. This was made possible through successful access to previously inaccessible wallets with the support of Irish police and Europol; these assets originated from 12 wallets seized after Collins’s arrest in 2017. Due to lost private keys, access was initially impossible. Currently, about 5,500 BTC (roughly $389 million) remain to be disposed of, with further unlocking of assets possible in the future.

2. RBA: Asset tokenization could generate AUD 24 billion annually, focus shifts to implementation pathways

The Reserve Bank of Australia (RBA) states that asset and currency tokenization could bring approximately AUD 24 billion (about $16.7 billion) in efficiency gains annually for the Australian economy. The focus has shifted from “whether to promote” to “how to implement.” Assistant Governor Brad Jones noted in the Project Acacia report that stablecoins and bank deposit tokens will play complementary roles within the tokenization system. Stablecoins are suitable for smaller emerging markets, while bank deposit tokens will be more important in larger markets. The project tested 20 use cases, including government bonds, corporate bonds, repurchase agreements, and investment funds, using four settlement methods: wholesale CBDC, transaction settlement account balances, stablecoins, and deposit tokens. RBA also announced plans to launch a digital financial market infrastructure sandbox, establish a regulatory and industry tokenization advisory group, and expand the deposit token working group to address legal and regulatory uncertainties, network effects, and coordination issues. It also noted that wholesale CBDC “may be helpful but is not necessary.”

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3. Lido’s 2025 revenue down 23% YoY to $40.5 million, plans to evaluate LDO buyback

Ethereum staking protocol Lido disclosed that its total revenue for 2025 was $40.5 million, a 23% decrease year-over-year (2024: $52.4 million), mainly due to net withdrawals by users leading to outflows of staked funds and compression of the network-wide staking yield (APR). Lido also stated it is evaluating launching a LDO buyback program in Q2 2026, intending to use staking rewards generated by the protocol to buy back LDO on the secondary market and allocate to LDO/wstETH liquidity positions. Previously, the company reduced its staff by about 15% in 2025.

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4. CryptoQuant: Short-term holder losses reach 92%, Bitcoin faces selling pressure

CryptoQuant analysis indicates that Bitcoin, currently priced around $70,000, has about 8% of approximately 5.7 million BTC in profit, with roughly 92% in loss, creating potential selling pressure. Meanwhile, about 762,000 BTC with an realized price of approximately $75,600 aligns with recent price rebound resistance zones. The overall average realized price is around $54,000, a level where prices typically retreat or stay below during bear markets. Data shows the market faces resistance above the cost zone, with concentrated loss positions, indicating a relatively fragile structure.

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5. Hyperliquid HIP-3 hits $5.4 billion trading volume on March 23, a record high

Hyperliquid HIP-3 recorded a trading volume of $5.4 billion on March 23, setting a new record. Silver trading volume reached $1.3 billion, WTI crude oil $1.2 billion, Brent crude oil $940 million, and gold $558 million. HIP-3 is becoming a key point for trading commodities and macro news.

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