Early Bitcoin Investor Moves Over $429M Worth of BTC

BTC Breaks Through 71,000 USDT

Gate News bot message, Gate market display, BTC breaks through 71,000 USDT, current price 71,050.1 USDT.

Gate's annual trading volume increased by $3.9 trillion, a 204% year-over-year growth.

CryptoQuant report shows that Gate's trading volume increased by $3.9 trillion over the past year, a 204% year-on-year growth, ranking first in both BTC and perpetual contract markets. Its derivatives trading is rapidly expanding, making it the fastest-growing exchange in 2025, demonstrating sustained liquidity and market share advantages.

BTC 15-minute increase of 0.83%: Short covering and on-chain large funds resonate to drive the move

From 08:30 to 08:45 (UTC) on March 4, 2026, BTC recorded a +0.83% return, with a price range of 69,305.8 to 69,914.2 USDT, and an amplitude of 0.88%. In a short period, market attention significantly increased, trading volume expanded compared to usual, reflecting rapid capital flow and heightened volatility. The main drivers of this movement are partial short covering and concentrated liquidation of leveraged positions. Previously, after BTC retested a key support level, short positions were forced to cover and buy, pushing the price higher. During the same period, the frequency of large on-chain transfers and the average transaction amount increased markedly.

BTC Breaks Through 70,000 USDT

Gate News bot message, Gate market display, BTC breaks through 70,000 USDT, current price 70,060.9 USDT.

MARA Signals Possible Bitcoin Sales After Treasury Policy Shift

MARA Holdings revised its policy to allow sales of existing Bitcoin reserves starting in 2026, while also reporting significant losses from trading and lending despite earning $32.1 million in interest. The company retains 53,822 BTC, having adjusted its strategy to enhance treasury flexibility amid market volatility.