ChainCatcher News, according to official data from Hyperliquid, Bitcoin rebounded after hitting a low of $66,000 last night at 11 PM, currently trading at $68,640, with a gain of 3.9% during this period. Ethereum’s increase was smaller in comparison.
Additionally, monitoring shows that the largest long positions on the platform for both ETH and BTC are held by the “ETH Wave Master” address (0xa5b0), with a total holding of $183 million. Its BTC long position amounts to $47.7 million, which has now turned profitable; ETH long positions total $139 million, still needing about a 0.2% increase in ETH to break even, with an unrealized loss of approximately $170,000. Furthermore, this address has received multiple transfers from Matrixport, and another suspected related address (0x6C8) holds about $99.5 million in ETH long positions, with an unrealized loss of $1.1 million.
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
Researchers Warn 95% of Bitcoin Nodes Could Be Vulnerable to Underwater Cable Attack - U.Today
A study reveals that targeted attacks on underwater cables can significantly threaten Bitcoin's network, as severing key cables could disrupt a large percentage of nodes. However, random cable failures pose little risk. The use of the TOR network enhances Bitcoin's resilience by leveraging robust infrastructure in Europe.
UToday35m ago
Gold and silver prices rise across the board, BTC volatility index BVIX drops 1.27% intraday
On March 6th, gold and silver prices rose to $5,107.70 per ounce and $82.980 per ounce, respectively, while the volatility index slightly declined. In the foreign exchange market, the USD against the RMB fell, and the USD against the JPY rose. Global stock markets generally declined, while WTI and Brent crude oil prices significantly increased. The Gate platform offers a variety of financial product trading services.
GateNews43m ago
The Origin Story of Sunny Lu: From a 100 BTC Scam to Building VeChain
VeChain’s Sunny Lu got into crypto after losing $300 on an unsuccessful 100 BTC purchase on Taobao, which led him to research Bitcoin.
Later, Lu used blockchain to track supply chains and launched VeChain in 2015 to target verification and enterprise applications.
The crypto journey of Sunny
CryptoNewsFlash49m ago