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
Elevate Your BTC by Integrating Bitcoin Everlight Shards Early
For many years, earning Bitcoin has historically required complicated trading or expensive mining equipment that’s difficult for many people to run at home. This, in the context of users constantly looking for reliable passive income sources in the digital asset space, is important, especially as
CryptoPotato18m ago
Base58 Labs’ BASIS 2026 Blueprint Forges a New Standard for BTC, ETH, SOL & PAXG
[PRESS RELEASE – London, UK, March 17th, 2026]
New roadmap positions BASIS as an institutional-grade digital asset management platform built for macro volatility, tokenized safe-haven demand, and frictionless Web3 onboarding.
Base58 Labs today unveiled the BASIS 2026 Technical Blueprint &
CryptoPotato21m ago
Legacy Bitcoin Miners Face Cash Crunch: 15-20% of the Global Fleet Running in the Red
The current hash price environment is squeezing Bitcoin miners’ profitability. CoinShares estimates that 15-20% of the global mining fleet is operating at a loss at the current hash price of $28-30 per PH/day.
In Q4 2025, Bitcoin fell nearly 31%, from an early-October all-time high of
CryptoPotato21m ago
Bitcoin Historical Data Suggests April Could Break the Current Q-1 Market Stagnation
The cryptocurrency market is nearing the end of the first quarter of 2026 and is in a unique position of stability. Unlike the past where BTC experienced extreme price swings; in March BTC has been flat and rather like what transpired in this same month one year ago, with analyst Daan Crypto
BlockChainReporter39m ago
XRP Could Struggle in 2026 — Why Some Holders Are Quietly Switching to Bitcoin Everlight Shards
The SEC lawsuit against Ripple that was compressing XRP sentiment for many years has finally concluded a few months back. Exchanges that had previously delisted the cryptocurrency are now back offering it. And yet, the token has spent the first few months of this year trading sideways, while the b
CryptoPotato58m ago
