The total liquidation amount in the past 24 hours was $270.83 million, including $114.56 million in BTC, $69.27 million in ETH, $19.20 million in SOL, $6.74 million in DOGE, $5.40 million in POWER, $4.33 million in XRP, $2.82 million in RIVER, $2.14 million in HYPE, $1.87 million in PIPPIN, $1.69 million in PHA, $1.48 million in NEAR, $1.34 million in ADA, $1.21 million in 1000PEPE, $1.08 million in SAHARA, $998,706.19 in XPL, $953,997.2 in ARC, $896,530.41 in ZEC, $832,687.22 in SIREN, $825,562.7 in PEPE, $809,558.45 in SUI, $744,604.65 in MYX, $628,317.67 in AAVE, $594,625.52 in BNB, $566,999.06 in FORM, $478,186.75 in KITE, $474,030.53 in VVV, $472,308.93 in 1000SHIB, $467,999.91 in FIL, $457,380.79 in DOT, $428,043.68 in JELLYJELLY, $393,572.93 in WLD, $387,195.99 in PUMP, $348,878.53 in FARTCOIN, $338,272.16 in WIF, $326,723.44 in AIXBT, $300,726.28 in LINK, $293,318.23 in AVAX, $289,039.97 in ENSO, $256,762.54 in WLFI, $252,933.02 in ENA, $249,176.18 in OP, $231,165.52 in AIO, $227,977.35 in POL, $225,109.86 in PENGU, $214,299.75 in STABLE, $213,737.01 in BCH, $209,061.32 in SHIB, $205,161.5 in TON, $204,874.28 in LTC, $202,054.06 in GUN, $194,440.27 in SHIB1000, $181,705.07 in 1000BONK, $178,907.76 in VIRTUAL, $177,946.05 in TAO, $171,917.84 in TRUMP, $166,258.95 in CHZ, $163,025.45 in KAITO, $155,310.97 in 1000RATS, $142,721.62 in ESP, $142,152.69 in IP, $134,365.32 in CRV, $125,728.57 in HBAR, $118,708.48 in GRASS, $116,596.34 in ATOM, $115,255.7 in ASTER, $114,696.23 in DASH, $110,575.07 in ETC, $110,548.52 in TRIA, $109,853.29 in USUAL, $108,653.2 in BARD, $108,062.78 in SPACE, $105,282.29 in UNI, $104,252.69 in BERA, $104,129.74 in SAND, $102,633.98 in MEME, $91,187.61 in DENT, $90,667.39 in WET, $89,545.83 in BEAT, $86,841.35 in GPS, $86,074.93 in LINEA, $85,767.24 in 4, $80,499.71 in BIANRENSHENG, $78,944.17 in MORPHO, $77,765.12 in LYN, $76,018.3 in BIO, $75,927.05 in AXS, $73,767.5 in ZAMA, $72,303.99 in ARB, $72,193.83 in AZTEC, $68,878.01 in INJ, $68,811.19 in LAYER, $67,238.8 in TIA, $66,202.32 in XLM, $64,620.4 in BANANAS31, $62,912.74 in FIO, $62,679.73 in FET, $61,619.97 in SEI, $61,380.37 in APE, $60,948.93 in ZRO, $5.20 million in Others. The data is sourced from the quarterly and perpetual contracts of Binance, Bybit, OKX, Hyperliquid, Gate, HTX, BitMEX, Bitfinex. The statistical period is from 8:30 AM on March 3, 2026 to 8:30 AM on March 4, 2026. This report is for informational purposes only and does not constitute investment advice.

Odaily Planet Daily reports that US President Trump posted on social media: "Effective immediately, I have directed the US Development Finance Corporation (DFC) to provide political risk insurance and financial security guarantees at very reasonable prices for all maritime trade (particularly energy) passing through the Gulf region. This will be open to all shipping companies. If necessary, the US Navy will begin escorting oil tankers through the Strait of Hormuz as soon as possible. In any case, the US will ensure the free flow of energy to all parts of the world. More action is coming." Note: Affected by this news, Brent crude oil and WTI crude oil prices fell sharply by more than $2.50 in the short term.

According to a report by the Iranian opposition news website "Iran International," under pressure from the Iranian Revolutionary Guard, the Council of Experts has elected Ayatollah Mojtaba, son of Khamenei, as the next Supreme Leader. The Council of Experts, established on November 12, 1983, is Iran's special authority responsible for electing and overseeing the Supreme Leader. Following the report, the prediction website Kalshi showed that Mojtaba's probability of becoming Iran's Supreme Leader surged to 77%.

According to Odaily Planet Daily, Coinbase CEO Brian Armstrong recently stated on David Senra's podcast that the SocialFi feature experiment launched last year in the Base App "wasn't really a success." Armstrong said the feature was initially just an experiment, but the actual results fell short of expectations. Therefore, Coinbase has adjusted its product direction, refocusing the Base App on trading functionality and the self-custodied wallet experience, making it closer to a "self-custodied version of the Coinbase app." In July 2025, Coinbase relaunched its non-custodial wallet, Coinbase Wallet, as the Base App, positioning it as an on-chain "super app" integrating social networking, messaging, games, and trading. Base team leader Jesse Pollak previously heavily promoted the Creator Coin feature, allowing users to tokenize creator accounts or social content. Users could purchase related tokens by liking or interacting, generating revenue for creators. However, over time, these SocialFi features have been gradually reduced. In early 2026, Pollak stated on social media that the app had previously been "too social" and would shift towards a product experience centered on financial functions. Subsequently, Base also removed the social feed powered by Farcaster. While some creator tokens briefly gained attention, most failed to maintain their value. For example, journalist Nick Shirley's creator token, $thenickshirley, reached a market capitalization of $15 million after Armstrong's promotion, but subsequently plummeted. Armstrong stated that during the SocialFi experiment, some posts generated thousands of dollars in on-chain value, but the overall model still failed to form a sustainable product.

According to Odaily Planet Daily, investment bank TD Cowen stated that in the policy debate surrounding stablecoin yields, the banking industry may ultimately be at a political disadvantage, but the ongoing industry struggle could slow down or even threaten the progress of the US crypto market structure bill. Jaret Seiberg, Managing Director of TD Cowen's Washington Research Department, pointed out in a report that the banking industry's opposition to stablecoins offering yields to users is essentially an opposition to consumers receiving additional returns, making it difficult to maintain a long-term political advantage. However, if this controversy continues to escalate, it could affect the passage of the CLARITY Act (Clarity for Digital Asset Markets Act). This analysis comes as the Office of the Comptroller of the Currency (OCC) is proposing specific rules for implementing the GENIUS Act (Stablecoin Act). According to the proposal, stablecoin issuers are explicitly prohibited from directly paying interest or yields to holders. Furthermore, if issuers coordinate with affiliated entities to have third-party platforms pay stablecoin yields to users, this could also be presumed illegal. The OCC stated that it will conduct case-by-case assessments and open a 60-day public comment period for the relevant rules.