CEXt-Linked Whale Opens 20x Leveraged Long Position on 400 BTC Worth $27.3M

Bitcoin slides 3% as assets rout; Gold smashes to $5K on oil fears

Bitcoin (CRYPTO: BTC) pulled back from its recent tilt toward the $70,000 threshold as geopolitical tensions in the Middle East intensified concerns about oil supply and global inflation. The closure of the Strait of Hormuz sparked a broad risk-off mood, with equities slipping and safe-haven

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.