In the past hour, total liquidations across the network reached $17.06 million, with $16.22 million from long positions, with $841,649.94 from short positions. BTC liquidation $3.20 million, ETH liquidation $5.73 million.

Odaily Planet Daily reports that billionaire Peter Thiel will sell $280 million worth of PLTR stock. (Barchart) PLTR is currently one of the hottest AI/big data/defense technology stocks, especially during the recent US-Iran conflict.

According to Huoxun Finance on March 3, citing the Financial Times, Kevin Warsh's plan to shrink the Federal Reserve's balance sheet will proceed slowly. As Trump's nominee for Fed chairman, Warsh is facing resistance in his plan to shrink one of the Fed's most influential tools. Warsh has repeatedly stated that the Fed's nearly $7 trillion balance sheet reflects its overreach into congressional authority, and pointed out that the massive bond purchases under previous quantitative easing programs have distorted financial markets. However, sources familiar with the matter revealed that Warsh will only begin adjusting the Fed's balance sheet after extensive consultations with banks and the wider public regarding the potential impact. These sources also stated that he is unlikely to push the balance sheet back to pre-2008 financial crisis levels and will call for internal research and academic conferences to discuss the issue before taking action. Warsh also believes that the 2008 crisis showed that over-reliance on the interbank market poses a risk to financial stability and has publicly advocated a "third model" for managing the balance sheet. Some regional Fed presidents are willing to consider a gradual shift to a new balance sheet management model.

Huoxun Finance reported on March 3 that Andrei Grachev, co-founder of DWFLabs, posted on the X platform that the company had accumulated a large number of various tokens last month, including Bitcoin, BNB, and several altcoins. He stated that they are waiting for a market rebound, at which time they will see unprecedented market activity.

According to an article published on the X platform by Odaily Planet Daily, Darkfost stated that 38% of altcoins are near all-time lows, worse than the period after the FTX crash. The overall environment remains unfavorable for risk-taking, with the cryptocurrency market, especially altcoins, being the first to be affected. Current market liquidity remains fragile, with more funds flowing into more volatile stocks or commodities. This indicator shows that altcoins are still under pressure, and in fact, this is the largest drawdown for altcoins in this cycle. In comparison, this indicator was 35% in April 2025 and 37.8% after the FTX crash. The chart clearly illustrates the current state of altcoins, with investors remaining cautious and continuing to lose interest. However, it is precisely when conditions deteriorate significantly that opportunities begin to emerge.