"[The largest on-chain BTC long position was liquidated for $10.27 million, marking the largest single liquidation in the past 24 hours] BlockBeats reports that on March 6, according to monitoring by Hyperinsight, in the past two hours, the BTC long position held by the whale address starting with 0x1bf was liquidated when the price fell to $70,151. This single liquidation involved 146 BTC, approximately $10.27 million, making it the largest single liquidation across the network in the past 24 hours. Currently, this address still holds a BTC long position with 40x leverage, with a position size of approximately $41.6 million at an average price of $71,440. The next liquidation price is at $69,997, about 1.4% away from liquidation. Last night, this address closed its $32.5 million BTC short position at an average price of $72,300, locking in profits. Subsequently, after BTC fell below $72,000, the address flipped to open long positions, pushing its position size to as high as $5