In the past hour, total liquidations across the network reached $10.12 million, with $2.08 million from long positions, with $8.04 million from short positions. BTC liquidation $2.83 million, ETH liquidation $3.86 million.

According to Lookonchain monitoring, a trader named majorexploiter placed a bet of $4.53 million USDC in USDC nine hours ago, betting that Arsenal Football Club would win on March 1, 2026, and won $2.42 million. Data shows that he made three similar bets within less than three days, all of which were profitable, accumulating a total profit of approximately $3.67 million.

According to a report by The Block on March 2nd, JPMorgan analysts stated in a report that the CLARITY Act, legislation governing the US crypto market structure, is likely to be approved by mid-year and could become a positive catalyst for the second half of the year. The bill has already progressed through the House of Representatives and is still under discussion in the Senate, currently facing two major points of contention: stablecoin yields and conflicts of interest among government officials. Analysts point out that if the bill passes, it will reshape the market structure: providing regulatory clarity, ending "regulation through enforcement," promoting tokenization, and encouraging institutional participation. The analysts listed eight potential positive impacts, including reducing the compliance burden on major tokens, supporting innovation in the US market, unlocking secondary trading, allowing traditional banks to directly custody digital assets, promoting the tokenization of real-world assets, protecting open-source developers, providing tax exemption for small-value crypto transactions in everyday payments, and promoting the development of tokenized deposits between institutions.

According to Huoxun Finance on March 2, OnchainLens monitoring revealed that Huang Licheng, known as "Brother Machi," has once again experienced partial liquidation. His ETH 25x long position has been further reduced, and his wallet balance is currently only about $9,000.

Huoxun Finance reported on March 2nd that BitMEX co-founder Arthur Hayes published an analysis stating that since 1985, every US president has launched military action against Middle Eastern countries, and Trump continues this tradition. He used simple logic to predict Bitcoin's price movement: the longer the US intervenes in the Iranian situation, the more likely the Federal Reserve is to cut interest rates or print money to support war spending, which will push up Bitcoin's price. Regarding trading strategies, Hayes stated: "Currently, it's unclear how long Trump can sustain this investment, spending billions or even trillions of dollars to reshape Iranian politics according to his own will, nor is it clear how much geopolitical and financial market shock he can withstand before withdrawing. The wise approach is to wait and see. The real opportunity to buy Bitcoin and high-quality altcoins like HYPE will be after the Federal Reserve cuts interest rates or prints more money to support the Iranian government's objectives."