Within 1 hour, 23% of the entire BTC network was liquidated in a single whale transaction: A $13.5 million long position was liquidated, marking the largest liquidation in a single day
March 19th — According to monitoring from HyperInsight, Bitcoin (BTC) briefly dipped below $70,000, hitting a low of $69,400. Over the past hour, total BTC liquidations across the network reached approximately $58.2 million, with long positions accounting for nearly 99% of the total. The Hyperliquid platform represented 48.43% of all network liquidations.
Further monitoring shows that more than 23% of the past hour’s BTC liquidations stemmed from a whale address starting with 0x9bb on Hyperliquid. As BTC fell to around $70,000, this address suffered two consecutive long-position liquidations totaling 192.4 BTC (roughly $13.5 million). One of these liquidations alone was $10.8 million — the largest single liquidation across the network in the past 24 hours.
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If Bitcoin drops below $68,000, the cumulative long liquidation pressure on major CEXs will reach $6.08 billion
As of March 19, Coinglass data shows mainstream centralized exchanges (CEXs) would face cumulative long position liquidation strength of $608 million if Bitcoin drops below $68,000.
Conversely, if Bitcoin climbs above $72,000, these CEXs would see cumulative short position liquidation strength reach $856 million.
BlockBeats Note: Liquidation charts do not precisely display the number of pending liquidation contracts or the exact value of liquidated contracts. Instead, the bars on these charts represent the relative importance of each liquidation cluster compared to adjacent clusters—i.e., "strength."
Accordingly, liquidation charts illustrate how impactful Bitcoin reaching a specific price level will be: higher bars signal a more intense market reaction due to a liquidity cascade once the price hits that threshold.
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Spot Gold Retreats Briefly, Long Whale Liquidated $1.53M Exit
March 19th — Per HyperInsight monitoring, spot gold plunged 2% in the short term, briefly dipping below $4,750 per ounce and immediately pressuring on-chain long positions.
A long-focused whale wallet (0x21e) was liquidated twice over the past 30 minutes, totaling 318 coins worth roughly $1.53 million. The wallet has now fully exited its position.
Additionally, the second-largest on-chain gold long position wallet (0x773) is in a similarly precarious spot. Its current position is valued at $4.69 million, with an average entry price of $5,214 and a liquidation threshold of $4,687.50. It holds a floating loss of $420,000 — a 228% drawdown — making it the on-chain wallet with over $1 million in holdings that’s closest to liquidation.
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Binance Launches KOL Referral Program, Offering Up to 8000 USDC
**March 19 — Binance has launched its KOL Referral Program, per an official announcement.**
All users can invite KOLs to join the Binance Alliance Program and become part of the Binance Alliance ecosystem’s builder community.
During the campaign, if an invited KOL successfully passes the Binance Alliance assessment and reaches Tier 1 or higher, the inviter will earn up to 8,000 USDC in token reward vouchers.
The event runs from **March 19, 2026, at 15:00 UTC+8 (Beijing Time)** through **July 1, 2026, at 7:59 UTC+8**.
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MakerDAO Co-Founder Rune Addresses Continue to Add to S&P 500 Short Position, Position Size Now at $2.57 Million
March 19 — Per HyperInsight monitoring (via the Telegram channel https://t.me/HyperInsight), an address linked to MakerDAO co-founder Rune (0x30d3...) has boosted its S&P 500 short position over the past hour by rolling over its position, adding 68.76 additional units valued at roughly $454,000.
Following ongoing accumulation, the address now holds a 20x-leveraged S&P 500 short position totaling 390 units, with a total position value of $2.58 million and an average entry price of $6,615.50. As of press time, the position is slightly profitable (floating profit ~$2,300) and has a liquidation price of $6,876.
Historically, the address has held on-chain long positions in CL (WTI Crude) and BRENTOIL (Brent Crude), opened short positions in XYZ100 and ETH as hedges, and now simultaneously uses the Nasdaq 100 and S&P 500 as hedge positions.
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