Between 09:15 and 09:30 (UTC) on March 3, 2026, BTC recorded a -0.68% return within 15 minutes, with a price range of 66,595.0 to 67,141.1 USDT and an amplitude of 0.81%. Market attention increased during this period, short-term volatility intensified, and investors remained highly sensitive to capital flows and risk asset sentiment.
The main driver of this movement was a large whale rapidly transferring BTC to a major exchange and selling. On-chain data shows that since early 2026, the influx rate of large whales (addresses holding ≥1,000 BTC) reached a recent high. Selling pressure was concentrated during the less liquid Asian morning session, directly causing the spot price to drop sharply. Overall trading volume in spot and derivatives markets declined, market depth was insufficient, and large fund transactions had a clear impact.
Additionally, rising macro risk aversion sentiment served as a secondary resonance factor amplifying the price movement. U.S. PPI data exceeded expectations, the dollar strengthened, and market expectations for rate cuts were delayed, putting pressure on risk assets. Geopolitical risks and rising gold prices further drove funds toward safe-haven assets. Meanwhile, forced liquidations of leveraged long positions in BTC futures triggered chain reactions, expanding the price decline; the fear and greed index was in a neutral-to-fear zone, technical tests of key support levels repeatedly failed, and market confidence was shaken.
Short-term risks remain prominent. Future focus should be on large on-chain capital flows, key support levels (such as 66,000 USDT), forced liquidation structures in derivatives, and macro global news. Under fragile market liquidity, whale behavior may continue to amplify price volatility. Investors should remain alert to sudden selling pressure, technical breakdowns, and monitor market dynamics and on-chain fund movements in real time.
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 Policy Institute Pushes Fed to Revise Bitcoin Risk Rules
U.S. regulators are preparing to release new banking rules that will affect how banks handle digital assets on their balance sheets. The Bitcoin Policy Institute plans to challenge how the framework classifies Bitcoin risk. The group aims to influence upcoming Federal Reserve proposals linked to
CryptoBreaking13m ago
BTC 跌破 71000 USDT
Gate News bot 消息，Gate 行情显示，BTC 跌破 71000 USDT，现价 70994.3 USDT。
CryptoRadar33m ago
BTC 15分钟下挫0.63%：宏观数据打压风险偏好叠加ETF资金流出加剧抛压
2026-03-13 17:15 至 2026-03-13 17:30（UTC）期间，比特币（BTC）15分钟K线波动加剧，收益率录得-0.63%，报价在71600.0至72243.9 USDT之间，振幅达到0.89%。异动引发市场关注，订单薄压力显现，短线资金两极分化明显。
本次异动的主要驱动力来自宏观经济数据公布后市场风险偏好骤降以及ETF资金净流出。美国最新GDP数据下修至0.7%，远低于
GateNews50m ago
Strive Buys 179 Bitcoin as Holdings Reach 13,311 BTC
Strive Inc. has expanded its Bitcoin treasury to 13,311 BTC, surpassing Tesla's holdings and positioning itself among the largest corporate Bitcoin holders. The company also raised its SATA preferred dividend to 12.75% and invested $50 million in Strategy STRC shares.
CryptoFrontNews1h ago
