In the past hour, total liquidations across the network reached $10.01 million, with $9.64 million from long positions, with $362,073.96 from short positions. BTC liquidation $6.32 million, ETH liquidation $743,672.33.

MyToken data monitoring shows that on 【March 7th, 15:02】 (Beijing Time), an address starting with 【0xb43c】 transferred 【214918327192.99 BabyDoge】 to an address starting with 【0xac57】, with a total value of approximately 【80.81 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

According to Odaily Planet Daily, CK Zheng, founder of crypto hedge fund ZX Squared Capital, stated that Bitcoin has entered a deep bear market. With the increasing influence of the "four-year cycle," the price could fall by approximately 30% in 2026. Previously, Bitcoin reached an all-time high of over $126,000 in October 2025, approximately 16-18 months after its April 2024 halving. It has since fallen back to around $68,000, largely conforming to the four-year cycle pattern centered around the halving. The psychology of retail investors chasing rallies during market frenzies and selling during panics has reinforced this bear market cycle. Meanwhile, institutional adoption remains limited, with crypto ETFs and digital asset reserve companies accounting for only about 10% of the overall market. In a bear market environment, some companies holding Bitcoin as an asset reserve may be forced to sell assets due to debt repayment pressures, further exacerbating downward market pressure. (CoinDesk)

According to Odaily Planet Daily, the US WTI crude oil futures contract rose 12.67% to $91.27 per barrel, a 35.6% increase from before the escalation of the Iraq War on February 28th, marking the largest weekly gain for this futures contract since its inception in 1983. The UK Brent crude oil futures contract rose 9.26% to $93.32 per barrel, a 27.5% increase for the week, the largest weekly gain since 1990. Historically, after the outbreak of the Russia-Ukraine conflict in late February 2022, both Brent and WTI saw weekly gains of approximately 25% in early March; during the Gulf War in August 1990, Brent spot prices rose as much as 26% in a single week. The Iraq War has now broken all previous records for weekly crude oil gains. (Aastocks)

Huoxun Finance reported on March 7th that, according to Cailian Press, as the Middle East war has led to flight cancellations and logistical disruptions, large quantities of gold stranded in Dubai are being sold at significant discounts. Sources revealed that due to exceptionally high transportation and insurance costs, and the inability to guarantee timely delivery, many buyers have suspended new purchase orders. As a result, under the pressure of indefinitely incurring storage and financing costs, traders have begun selling gold at discounts of up to $30 per ounce below the London benchmark price. Sources said that although some gold shipments were loaded onto flights leaving Dubai starting in the middle of the week, many shipments remained stranded as of Friday. The UAE, especially Dubai, is a major global gold refining and trading center, exporting gold not only to various parts of Asia but also serving as a crucial transit hub for gold from Switzerland, the UK, and several African countries. Due to the escalating conflict in the Middle East, parts of the UAE's airspace have been closed; meanwhile, the military strikes launched by the US and Israel against Iran have entered their seventh day, with no end in sight.