The largest BTC long position was liquidated 24 times within 24 hours, and the long bets on the Hamaneyah assassination node predicted the end of the war.

BTC-0,72%
SOL-1,55%

ChainCatcher reports that, according to Hyperinsight monitoring, the largest long address for BTC (0xdf1) was liquidated 4 more times within the past hour, with a total liquidation value of approximately $3.9 million. As of now, this address has been liquidated 24 times in the past 24 hours, with its funds sharply shrinking from a high of about $2.66 million yesterday to just $140,000, a decline of over 94.7%. The next liquidation price for its remaining BTC holdings is at $65,370.

On March 1, after the official announcement of Iran’s Supreme Leader Khamenei’s death, this address quickly opened a long position on BTC with 40x leverage, possibly betting that the war would end soon and the market would rebound. Its BTC long position once reached 1,000 coins (about $66.83 million), making it the largest on-chain BTC long at that time, with a liquidation price around $66,560. The funds for this heavy bet did not come from new margin but from unrealized gains on SOL longs. On February 28, this address deposited about $470,000 into Hyperliquid, using an average entry price of $78 with high leverage to bottom-fish SOL. The next day, SOL rose to $88, and its principal was more than five times larger. This unrealized profit supported its BTC bet but also increased the risk of liquidation for both positions as the price declined.

View Original
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

Data: In the past 24 hours, the entire network has been liquidated by $317 million, with long positions liquidated by $197 million and short positions liquidated by $119 million.

ChainCatcher reports that, according to Coinglass data, the total liquidation across the entire network in the past 24 hours was $317 million, with long positions liquidated at $197 million and short positions at $119 million. Among them, Bitcoin long liquidations amounted to $89.3993 million, Bitcoin short liquidations to $50.8607 million, Ethereum long liquidations to $44.5192 million, and Ethereum short liquidations to $32.4518 million.

GateNews4m ago

Morning Minute: Bitcoin Crashes, Rebounds as Iran War Begins

_Morning Minute is a daily newsletter written by __Tyler Warner__. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute __on

Decrypt9m ago

Strategy increased holdings by 3,015 Bitcoin last week, bringing the total holdings to 720,737 Bitcoin.

ChainCatcher reports that, according to market sources, the company has purchased 3,015 Bitcoins, with a total value of approximately $204.1 million, and an average purchase price of about $67,700 per Bitcoin. As of March 1, 2026, Strategy's total Bitcoin holdings have reached 720,737 coins, with a total investment of approximately $54.77 billion, and an average purchase cost of about $75,985 per Bitcoin.

GateNews29m ago

ProCap Financial adds 450 Bitcoin to the purchase holdings

BlockBeats News, March 2nd, according to The Wall Street Journal, crypto investor Anthony Pompliano's publicly traded Bitcoin treasury company ProCap Financial is actively repurchasing shares to reduce the discount relative to net asset value, while also acquiring 450 new Bitcoins.

GateNews59m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)