BlockBeats News, March 5 — According to Hyperinsight monitoring, at 1 a.m. today, BTC briefly surged above $74,000. Multiple short positions held by whales on the Hyperliquid platform were liquidated. Among them, a whale address (0xebe) that rolled over BTC short positions yesterday experienced two large liquidations. It was liquidated a total of 214 BTC shorts, approximately $15.7 million. The largest single liquidation was about 171 BTC, roughly $1.26 million, marking the largest single liquidation in the network.
Additionally, a whale starting with 0xe42 was liquidated 9 times in the past 11 hours, totaling about $9.92 million in BTC shorts. Another whale starting with 0x1fd was liquidated for about $2.71 million. Currently, all three whales are opening new short positions with high leverage after these liquidations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BlackRock transferred 4,833 ETH and about 204 BTC to a certain CEX
Gate News message: On March 31, according to Arkham monitoring, about 1 hour ago, BlackRock transferred 4,833 ETH (worth approximately $9.78 million) to a certain CEX address via its Ethereum exchange-traded fund ETHA; then, about 50 minutes ago, it transferred 204.045 BTC (worth approximately $13.53 million) to a certain CEX address via its Bitcoin exchange-traded fund IBIT.
GateNews5m ago
Wintermute: Energy is building in the crypto market, but the direction is unclear—there may be a sudden surge in trading activity.
Wintermute says the easing window for the situation is coming to an end. The cap on risk assets is lower than before, making it difficult for Bitcoin to stay above $700,000. If diplomatic progress goes smoothly and oil prices pull back, Bitcoin could rebound to $70,000–$74,000; if conditions deteriorate, it could fall to $60,000, or even to $50,000–$55,000. The extent of market volatility may exceed current pricing.
GateNews23m ago
A CEX user may have fallen victim to a social engineering attack, resulting in a loss of $18.2 million
Gate News message. On March 31, blockchain sleuth ZachXBT monitored that a certain CEX user may have been the victim of a social engineering attack, with losses of about $18.2 million. The attacker began the operation about 45 minutes earlier, using a SafePal wallet, and transferred the assets from the Ethereum network to the Bitcoin network via the decentralized cross-chain protocol THORChain.
GateNews32m ago
