Shiba Inu Exchange Outflows Surge ~397%, 7‑Day Avg Hits 2.36B SHIB

South Korea's government and ruling party have reportedly agreed to cap major shareholders in cryptocurrency exchanges at 20%, with narrow exceptions for newly established platforms. The move is pitched as a way to limit concentration of control and reduce systemic risk.

STRC’s trading volume spiked after an issuance indicating an approximately 1,000 BTC purchase, the issuer's largest one-day move since July. The action points to aggressive accumulation from Strategy, the largest publicly traded bitcoin holder.

Analysts report large investors, including corporates and exchanges, are increasingly staking ETH to earn yield rather than keeping it liquid to sell into price rallies. The shift could tighten available supply and create a more supportive backdrop for ETH prices.

Binance, Bybit and Bitget have activated shelter-in-place protocols, organizational restructures, and emergency succession plans for their Middle East teams as missiles and unrest escalate after weekend fighting. Exchanges say measures prioritize staff safety while aiming to maintain service continuity amid rising regional risk.

The ruling AK Party submitted a draft bill on March 2 proposing an income tax on cryptocurrency gains and a transaction levy on crypto asset service providers; the proposal could raise state revenue but increase costs for users and exchanges.