March 20th, Gate News reported that over the past 24 hours, the entire network's liquidations reached $311 million, with long liquidations at $200 million and short liquidations at $111 million. Both long and short positions in Bitcoin and Ethereum experienced liquidations to varying degrees, with a total of 103,431 people globally being liquidated. The largest single liquidation occurred in the XYZ:GOLD-USD trading pair, valued at $3.675 million.

Gate News report: On March 19th, a certain cryptocurrency exchange has laid off approximately 30% of its workforce since the beginning of the year, bringing total employee count down to around 445 people. The exchange has simultaneously introduced AI tools to enhance operational efficiency. Financial reports show that the exchange posted losses of approximately $585 million for the full year 2025, with Q4 revenue of around $60 million, though losses further expanded. Previously, the exchange had announced a 25% workforce reduction and exited the UK, EU, and Australian markets, while also making adjustments to several key executives.