Derivatives Data

ChainCatcher reports that, according to Coinglass data, if ETH drops below $2,020, the total liquidation strength of long positions on major CEXs will reach $1.337 billion. Conversely, if ETH breaks above $2,231, the total liquidation strength of short positions on major CEXs will reach $435 million.

ChainCatcher Message: According to Coinglass data, if BTC drops below $69,135, the total long liquidation strength on major CEXs will reach $2.794 billion. Conversely, if BTC breaks through $76,324, the total short liquidation strength on major CEXs will reach $1.274 billion.

On March 4, 2026, from 20:45 to 21:00 (UTC), ETH experienced a 1.02% decline in return over 15 minutes, with price fluctuations ranging from 2149.69 to 2174.09 USDT, and an amplitude of 1.12%. Market attention increased during this period, volatility intensified, attracting a large amount of short-term capital participation, and investor caution significantly heightened. The main driving force behind this anomaly was large on-chain holders transferring substantial amounts of ETH to trading platforms and executing sell operations, leading to short-term selling pressure. Whale concentrated selling behavior tends to amplify price fluctuations in a market environment with low liquidity.

ChainCatcher reports that, according to Coinglass data, the total liquidations across the network in the past 24 hours amounted to $574 million, with long positions liquidated at $95.0855 million and short positions at $479 million. Among these, Bitcoin long positions were liquidated at $31.1389 million, Bitcoin short positions at $275 million, Ethereum long positions at $22.0689 million, and Ethereum short positions at $129 million.

ChainCatcher reports that, according to Coinglass data, if ETH drops below $2,050, the total liquidation strength of long positions on major CEXs will reach $786 million. Conversely, if ETH breaks above $2,261, the total liquidation strength of short positions on major CEXs will reach $407 million.

XRP has rebounded to $1.39 after an 8.2% gain, following a significant liquidation event that targeted overleveraged long positions. Current support is at $1.27, with resistance at $1.43. Market dynamics suggest cautious bullish momentum may continue, while bearish pressure could emerge if resistance fails.

From 15:45 to 16:00 on March 4, 2026 (UTC), the ETH price experienced a significant anomaly, with a K-line return of +1.09%. The price range fluctuated between 2126.16 and 2158.9 USDT, with an amplitude of 1.54%. Short-term volatility intensified during this period, attracting market attention, with trading volume and sentiment rising simultaneously. The main drivers of this anomaly were large on-chain whale purchases and continuous net inflows of ETF funds. Specifically, on March 3, a whale exchanged 99.5 BTC for 33

Odaily Planet Daily reports that according to Coinglass data, in the past 1 hour, the total liquidations across the entire network reached $113 million, including $102 million in short positions, $10.86 million in long positions, with BTC liquidations totaling $76.74 million and ETH liquidations reaching $34.57 million.

Odaily Planet Daily reports that Greeks.live macro researcher Adam posted on the X platform stating that although Bitcoin's price hit a new rebound high today, the implied volatility (IV) of major-term options and expiry options did not increase; instead, it decreased compared to when Bitcoin broke through $70,000. Over the past week, VRP has dropped significantly, declining nearly 20% across all maturities. This divergence generally indicates that institutions believe the rebound has come to an end and momentum is waning.

BlockBeats News, March 4th, according to Coinglass data, over the past 24 hours, the entire network experienced liquidations totaling $473 million, including $133 million in long positions and $340 million in short positions. In the last 24 hours, a total of 123,433 people worldwide were liquidated, with the largest single liquidation occurring at Hyperliquid - BTC-USD, valued at $8.1837 million.

Odaily Planet Daily reports that Coinglass data shows that in the past 1 hour, the total liquidation across the network was $75.86 million, including $73.70 million in short positions and $2.15 million in long positions. Additionally, BTC liquidations reached $58.40 million, and ETH liquidations totaled $8.91 million.

Bitcoin briefly surged past $72,000 to a new high at 22:20 before falling back to $71,600, an increase of over 6%. This rebound was driven by Middle Eastern geopolitical tensions and progress in US legislation, but uncertainties remain. The entire network experienced $420 million in liquidations, with both bulls and bears suffering losses.

CFTC Chairman Mike Selig pointed out that past regulatory shortcomings in the cryptocurrency industry have led to the development of the perpetual contract market overseas. The CFTC is developing regulatory guidelines and plans to open perpetual contract products in the United States within a month, while also working with the SEC to promote an "Innovation Exemption" mechanism, and will provide clearer regulatory standards for DeFi and prediction markets.

ChainCatcher reports that, according to Coinglass data, the total liquidation across the entire network in the past 24 hours was $415 million, with long positions liquidated at $143 million and short positions at $272 million. Among these, Bitcoin long positions were liquidated at $49.4565 million, Bitcoin short positions at $154 million, Ethereum long positions at $32.5487 million, and Ethereum short positions at $62.4469 million.

Latest data shows that the implied volatility of BTC and ETH remains high, with BTC at the 91% percentile, indicating that the options market expects short-term volatility to stay elevated. Large transactions in BTC and ETH are also active, and the Gate platform has updated its options VIP fee structure, reducing trading costs, which is especially advantageous for beginners and growing users.

According to Coinglass data, the Hyperliquid platform's current whale holdings amount to $3.241 billion, with long positions accounting for 49.72% and short positions for 50.28%. The profit and loss for longs is -$55.8834 million, while shorts have a profit and loss of $132 million. The giant whale address 0xa5b0..41 has fully committed to long ETH with $1,991.53, with an unrealized profit and loss of $4.2886 million.

The K33 analysis report indicates that Bitcoin has entered an extremely oversold zone after experiencing selling pressure. Recently, selling pressure has eased, and the market shows signs of stability. Historical data shows that Bitcoin often rebounds after an extreme bearish cycle, although it takes time to form a bottom. However, overselling and supply recovery suggest a rebound opportunity. Nevertheless, the options market still exhibits a strong bearish sentiment.

Amid military strikes by the United States and Israel against Iran, the US Bitcoin spot ETF attracted a net inflow of $458 million, pushing Bitcoin prices close to $70,000. Institutional investors believe that geopolitical risks are short-term shocks, with market leverage levels declining, and no systemic risk being triggered. The options market also shows a calm atmosphere, reflecting traders' preference for short-term hedging rather than long-term bearishness.

The cryptocurrency market has recently shown signs of recovery, with Bitcoin breaking through $71,000 and a single-day increase of 4.81%. At the same time, the total amount of short positions liquidated across the network has exceeded $100 million, and the liquidation amount for Ethereum is also quite significant. The US stock indices have slightly risen, indicating macro market capital adjustments.

Hyperliquid platform's trading volume has significantly increased among mainstream Perp DEXs, reaching $9.6 billion in 24 hours, a 37% increase compared to the previous period. Other platforms experienced relatively small fluctuations, with some slight declines. The trading volume rankings are Hyperliquid, Aster, Lighter, EdgeX, Grvt, and Pacifica.