Hyperliquid's largest single liquidation whale was liquidated with a $14.7 million short position and has now reversed to go long and chase the rally.

Trader Opens $42.7M Bitcoin Long Position with 30x Leverage as BTC Hits $71,000

Gate News bot message, Bitcoin returned to $71,000. Trader 0x004E opened a 30x long position on 600 BTC ($42.7M) in the past 20 minutes at an entry price of $70,235.8. The trader has unrealized profit of $570K. The liquidation price is $66,942.69.

In the past 4 hours, the entire network has experienced liquidations of $126 million, mainly short positions.

BlockBeats News, March 4th, according to Coinglass data, over the past 4 hours, the entire network experienced liquidations totaling $126 million, including $7.39 million in long positions and $119 million in short positions.

Gate's annual trading volume increased by $3.9 trillion, a 204% year-over-year growth.

CryptoQuant report shows that Gate's trading volume increased by $3.9 trillion over the past year, a 204% year-on-year growth, ranking first in both BTC and perpetual contract markets. Its derivatives trading is rapidly expanding, making it the fastest-growing exchange in 2025, demonstrating sustained liquidity and market share advantages.

ETH 15-minute short-term rally up 1.23%: Institutional capital inflows and protocol upgrade expectations drive price rebound

From 08:30 to 08:45 on March 4, 2026 (UTC), ETH recorded a +1.23% return within a 15-minute candlestick, with a price range of 2005.33 - 2030.77 USDT and an amplitude of 1.27%. Market attention during this period significantly increased, short-term volatility intensified, trading volume expanded accordingly, indicating a rapid rise in investor sentiment. The main driver of this movement was the concentrated inflow of institutional funds. ETH-related ETFs saw a single-day net inflow of up to $157 million, reaching a two-month high. At the same time,

ETF Frenzy for Capital Inflow, Strong Bearish Momentum in Futures: Bitcoin Surges Past $69,000, Can the Short-term Rebound Continue?

Despite ongoing geopolitical uncertainties, the cryptocurrency market has demonstrated remarkable resilience, with Bitcoin breaking through $69,000 today (4) and approaching the $70,000 mark again. Market analysis indicates that this rally is less about investors' "bullish confidence" returning and more about a technical rebound driven by "short covering." Crypto market maker Enflux pointed out that the market has neither fully priced in the disaster nor placed optimistic bets on a resolution. Last weekend, shorts capitalized on news of Middle Eastern military conflicts, causing Bitcoin to drop to $63,000. However, once the market realized that the situation was not escalating into a full-scale regional war affecting global trade routes, the long-suppressed short positions were quickly hunted down, triggering a short squeeze. Enflux described in its report that the reaction speed of crypto assets to geopolitical shocks far exceeds that of traditional assets: When gunfire erupts or sanctions are imposed

Data: In the past 24 hours, the entire network has been liquidated for $396 million, with long positions liquidated for $232 million and short positions liquidated for $164 million.

ChainCatcher reports that, according to Coinglass data, the total liquidations across the entire network in the past 24 hours amounted to $396 million, with long positions liquidated at $232 million and short positions at $164 million. Among these, Bitcoin long liquidations totaled $85.4862 million, Bitcoin short liquidations totaled $84.2659 million, Ethereum long liquidations totaled $45.905 million, and Ethereum short liquidations totaled $37.2827 million.