Gate News Report, March 10th, cryptocurrency market analyst Axel Adler Jr. posted on social media that the 30-day average transfer volume of Bitcoin (BTC) has decreased compared to one month ago and three months ago. However, this indicator still remains above the 365-day average level and is significantly higher than the level six months ago.

March 10th, Bitcoin rose approximately 4.5%, breaking through $71,500. Despite tense tensions in the Middle East, analysts have differing views on the future market. Some believe the short-term bulls are in the lead, while others remain cautious of a potential pullback and are watching key support levels.

In the past 24 hours, the total liquidation amount in the cryptocurrency market reached $365 million, with long positions liquidated at $157 million and short positions at $207 million. BTC and ETH were liquidated at $132 million and $70.34 million respectively, with a total of 92,499 people liquidated. The largest single liquidation was $8.083 million.

Gate News bot message, Gate market display, BTC breaks through 71,000 USDT, current price 71,012.6 USDT.

From 14:30 to 14:45 on March 10, 2026 (UTC), the price of BTC surged rapidly, with a 15-minute return of +0.95%. The candlestick quotes fluctuated between 69,792.0 and 70,485.0 USDT, with an amplitude of 0.99%. Market short-term activity increased, and the heightened volatility attracted widespread attention from users. The main driver of this anomaly was BTC breaking through a key resistance level in the short term, activating technical traders and automated quantitative strategies to buy, creating a bullish momentum. At the same time, large on-chain BTC transfers and net inflows to exchanges...

Gate News Report, March 10 — According to Onchain Lens monitoring, the whale address pension-usdt.eth, which previously made huge profits on BTC and ETH, recently opened a 2x leveraged CL long position on Hyperliquid. Meanwhile, the address still holds a 3x leveraged short position in BTC, totaling 1,000 BTC, with a nominal value of approximately $69.89 million, currently with an unrealized loss of about $1 million.

Gate News Report, March 10 — According to HyperInsight monitoring, the large whale "pension-usdt.eth" has just opened a long position on CL (WTI crude oil mapping contract, corresponding to the U.S. crude oil futures benchmark price). Currently, it is long 7,986 CL contracts with 2x leverage, with an average entry price of $86.73. Additionally, this address is still short 1,000 BTC with 3x leverage, with an unrealized loss of $1.01 million.

On March 10th, gold prices rose to $5,218.17 per ounce, and silver prices reached $89.076 per ounce. The cryptocurrency volatility indices BTCD and ETHD both declined. The US dollar against the Chinese yuan slightly decreased, while it slightly appreciated against the Japanese yen. Global stock indices generally rose, and WTI and Brent crude oil prices both increased. The Gate platform supports trading of multiple assets.

Between 13:30 and 13:45 (UTC) on March 10, 2026, Bitcoin (BTC) experienced a short-term sharp decline, with a return of -1.32%. The price fluctuation range was from 69,723.0 to 70,921.5 USDT, with an amplitude of 1.69%. Trading volume during this period significantly increased, with on-chain large transfers rising by 18%. Market volatility intensified, accompanied by a rapid rise in panic sentiment, reflecting investors' high concern over sudden anomalies. The main driver of this anomaly was the concentrated inflow of large on-chain transfers to exchanges, with some single transactions exceeding 1000 BTC, triggering institutional or large investor activity.

Gate News Report, March 10, market data shows that Bitcoin has fallen below the $70,000 mark, currently trading at $69,813, with the 24-hour increase narrowing to 1.52%.