Data: Hyperliquid platform whales currently hold $3 billion in positions, with a long-short position ratio of 0.97.

In the past 24 hours, liquidations across the entire network totaled $299 million, with short liquidations accounting for over 65%.

According to CoinGlass data, on April 1 the cryptocurrency market saw total liquidations of $299 million over the past 24 hours, affecting 112,410 people. Long and short positions were liquidated at $104 million and $195 million, respectively. BTC and ETH liquidation amounts were $91.6349 million and $68.5673 million, respectively. The largest single liquidation was $17.1773 million.

BTC Price Plunges to 3-Week Low as Analysts Map Out Next Downside Targets

The first breakdown to under $68,000 seemed as just the beginning for bitcoin’s Friday correction, which just worsened with another dip to a fresh 3-week low. Most altcoins have followed suit, which has harmed over-leveraged traders, with more than 120,000 such participants being wrecked in the

ETH 15-minute drop of 0.78%: A pullback triggered by a short-term long position liquidation and a surge in trading volume converging in tandem

2026-04-01 13:30 to 13:45 (UTC), over a 15-minute period ETH’s return rate is -0.78%, and the price range fluctuates from 2109.18 to 2135.43 USDT, with a swing of 1.23%. Market attention has increased, local volatility has intensified, short-term capital battles are noticeably more pronounced, and spot and derivatives trading volumes on major exchanges have expanded in parallel. The main driving force behind this unusual move is a localized surge in short-term trading volume, along with concentrated selling and the passive triggering of stop-loss orders, which caused ETH’s price to dip in the short term. At the same time, some long positions were also passively liquidated at key price levels; although they still maintained a certain degree of resilience, the overall market sentiment showed increased caution and risk aversion.

BTC 15-minute drop of 0.66%: Exchange capital net inflows and bearish sentiment from derivatives align, intensifying sell-offs

2026-04-01 13:30 to 13:45 (UTC), BTC fell 0.66% on the short-term move, with the price trading in a range of 67,950.1 to 68,682.1 USDT, oscillating with a range of 1.07%. Short-term market volatility intensified, trading volume increased significantly, and market attention continued to rise. Data from major trading platforms shows that bulls and bears are in fierce competition, with sell pressure dominating the order book. The main driver behind this abnormal move is that exchange BTC funding saw net inflows; the sudden inflow in 10 minutes exceeded 2,176 coins, reflecting that holders are inclined to sell off in the short term, and that some accounts have clear stop-loss executions and passive flat positions.

Maji Big Brother has accumulated $1.94 million in fees contributed on Hyperliquid, with losses reaching $30 million

Gate News message: On April 1, according to on-chain analyst Ai Yi’s monitoring, the well-known crypto investor “Ma Ji Big Brother” has cumulatively contributed $1.94 million in trading fees to the Hyperliquid platform, while the losses on that platform have reached approximately $30 million.

ETH 15-minute decline of 0.62%: Elevated derivatives leverage and concentrated positions trigger a short-term correction

From 2026-04-01 12:45 to 2026-04-01 13:00 (UTC), the ETH spot price quickly fell within the 2127.4 to 2146.81 USDT range, with a 15-minute return of -0.62% and a range (amplitude) of 0.91%. During this time window, market attention increased, volatility noticeably accelerated, reflecting a momentary release of short-term trading pressure. The main driving force behind this abnormal move is that the leverage level in the derivatives market continued to rise. Open interest (OI) broke through 30.451 billion USD, and in a high-leverage environment, positions were highly concentrated, making the market susceptible to sharp fluctuations.