Gate News bot message, following Israel’s attack on Iran, the cryptocurrency market experienced a sharp decline. The whale address “pension-usdt.eth,” who had opened a $BTC (3x) long position totaling 1,000 $BTC valued at $67.39M, is currently facing a floating loss exceeding $3.3M.
According to Onchain Lens on February 27, 2026, the whale initially had a floating profit of over $500K on this leveraged Bitcoin position before the market downturn.
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
Bitcoin Miners Power Back Above 1 Zettahash — But Profits Hover Near Historic Lows
Bitcoin miners are back to business as usual after last month’s Arctic blast iced operations across the U.S., and the network’s hashrate has clawed its way back above the 1 zettahash per second (ZH/s) mark. Even so, mining revenue is painfully lean to start March at under $30 per petahash per secon
Coinpedia12m ago
Bitcoin Drops Below $64K Amid Middle East Tensions
Bitcoin has dipped below $64K amid geopolitical tensions from U.S. and Israeli attacks on Iran, contrasting with rising gold prices. Despite this, Bitcoin ETFs saw over $1B in inflows, indicating renewed investor interest in crypto, though Ethereum and Solana also declined.
CryptoFrontNews26m ago
Bitcoin Range Compression Near $70K Signals Imminent Volatility Expansion
Bitcoin traded at $66,424 on March 1, 2026, at 8:30 a.m. EST, consolidating inside a defined $63,886 to $68,043 intraday range as the broader structure remained under pressure. While short-term charts show range stabilization, moving averages and momentum metrics continue to lean defensive across t
Coinpedia1h ago
If Bitcoin drops below $65,000, the total liquidation strength of long positions on mainstream CEXs will reach 736 million.
On March 1st, BlockBeats reported that according to Coinglass data, if Bitcoin falls below $65,000, the liquidation intensity of mainstream CEX long positions will reach 736 million. If it breaks through $68,000, the short liquidation intensity will reach 512 million. The liquidation chart shows the liquidation intensity, which is not entirely related to the number and value of contracts pending liquidation.
GateNews1h ago
Bitcoin Prediction Market Trader Earns $2.3M on Polymarket in One Month
A trader has reportedly made over $2.3M in one month on Polymarket by betting on Bitcoin's price movements, controlling three wallets. This notable profit arises amid a recent Bitcoin surge to $68K, boosting investor confidence in the market.
BlockChainReporter1h ago
Bitcoin and Ethereum March historical returns: with average values of 11.28% and 17.07%, respectively
Since 2013, Bitcoin has experienced 13 "March" market movements, with 6 increases and 7 decreases, averaging a return of 11.28%. Since 2016, Ethereum has had 11 "March" market movements, with 8 increases and an average return of 17.07%.
GateNews2h ago