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
Bitcoin Bulls on Edge – the Massive $70 Million Liquidation Trap At $54,000
Currently, the crypto markets are dealing with extremely volatile conditions and there are technical indicators that say that the market could be under a “long squeeze” which could change the direction of the digital asset over a short period of time. A recent technical analysis performed by market
BlockChainReporter22m ago
Vancouver City Staff Rejects Bitcoin Treasury Idea Ahead of March 10 Council Vote
Vancouver city staff have recommended that council halt work on a motion exploring a municipal bitcoin reserve, concluding the cryptocurrency is not an allowable investment under the Vancouver Charter.
Vancouver Council to Decide Fate of Bitcoin Reserve Proposal
A March 2, 2026, report from Vanco
Coinpedia2h ago
