BTC Breaks Through 71,000 USDT

BTC Breaks Through 68,000 USDT

Gate News bot message, Gate market display, BTC breaks through 68,000 USDT, current price 68,003.2 USDT.

BTC 15-minute increase of 1.07%: Whale transfers and low liquidity periods resonate to drive rapid surge

From 15:30 to 15:45 (UTC) on March 3, 2026, the price of BTC experienced a short-term increase of +1.07%, with the range quote reaching a high of 67,835.0 USDT from an initial 66,815.9 USDT, a fluctuation of 1.53%. Market trading volume also expanded simultaneously, with attention significantly rising, and short-term volatility intensified, reflecting synchronized driving forces from both liquidity and sentiment. The main driver of this movement was large transfers by whale funds. On-chain monitoring data shows that 2,873 BTC (approximately $260 million) were transferred from an unknown address to a major exchange.

ProCap Buys 450 Bitcoin as NAV Discount Drives Strategy

ProCap Financial purchased 450 Bitcoin and repurchased 782,408 shares as prices fell below net asset value. The firm plans to continue buying back shares while discounts persist, mirroring broader corporate strategies in a weak crypto market.

Data: In the past 24 hours, the entire network has been liquidated for $399 million, mainly long positions.

According to ChainCatcher reports, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $399 million, with long and short positions liquidated at $258 million and $141 million respectively. The liquidation amounts for BTC and ETH were $155 million and $90.76 million, respectively, with a total of 116,342 people liquidated. The largest single liquidation was $4,457,300.