Full-line plunge! Just now over 100,000 people liquidated! Iran's latest warning

robot
Abstract generation in progress

Iran Tensions Rise Again!

On March 14, local time, the spokesperson for Iran’s Hatham Anbia Central Command warned that if Iran’s oil, economic, and energy infrastructure are attacked, all U.S.-related oil, economic, and energy facilities will be destroyed.

Earlier, U.S. President Trump announced that U.S. forces bombed Iran’s oil export hub, Hormuz Island, “completely destroying all military targets on the island.” A retired U.S. military officer stated that the attack on Hormuz Island has increased the risk of war and could ultimately cause oil prices to “spiral out of control.”

The cryptocurrency market has sensed the risk. From late night March 13 to early morning March 14, Bitcoin, Ethereum, Solana, and others sharply declined and turned green collectively. Bitcoin fell from $73,800 to around $70,000, Ethereum dropped from $2,200 to below $2,100. As of press time, Bitcoin is down 0.55% at $70,800, Ethereum down 0.67% at $2,091, Solana down over 1%, Cardano down over 2%, Hyperliquid down 3.5%. Before this plunge, Bitcoin’s 24-hour gain once exceeded 5%, and Ethereum once rose over 6%.

According to CoinGlass data, in the past 24 hours, a total of 102,000 traders were liquidated worldwide, with a total liquidation amount of $373 million. In just the past 12 hours, long positions alone were liquidated for $135 million.

Latest Iran Warnings

According to CCTV News, on March 14, the spokesperson for Iran’s Hatham Anbia Central Command warned: “In response to the persistent aggression and terrorism rhetoric of the United States, we declare that if Iran’s oil, economic, and energy infrastructure are attacked, as we have previously warned, all oil, economic, and energy infrastructure of oil companies cooperating with or holding American shares in the region will be immediately destroyed and turned to ashes.”

On March 13, a retired U.S. military officer told media that the attack on Hormuz Island has increased the risk of war and could eventually cause oil prices to “spiral out of control.”

Retired U.S. Army Brigadier General Mark Kimmit said, “This means we have significantly increased the stakes of this war. The conflict is no longer just about ‘destroying military forces and overthrowing the regime,’ but potentially evolving into attempts to cut off the country’s economic lifelines.” Kimmit pointed out that the U.S. is using the island as a “hostage” to ensure Iran allows ships to pass through the Strait of Hormuz. If the strait is blocked, it could cause oil prices to soar. Kimmit warned that if these oil infrastructures are attacked, Iran “will retaliate with attacks on other regional infrastructure,” leading to a complete loss of control over oil prices.

Hormuz Island is a key hub for Iran’s oil exports. Iran’s Parliament Speaker, Ali Larijani, previously stated that if the U.S. and Israel attack any of Iran’s islands in the Persian Gulf, Iran will “give up all restraint.”

On the evening of March 13, Eastern Time, Trump announced that U.S. forces bombed Iran’s oil export hub, Hormuz Island, “completely destroying all military targets on the island.” Trump said he did not choose to destroy the oil infrastructure on the island but threatened that if Iran or any other country interferes with the free and safe passage of ships through the Strait of Hormuz in any way, “I will reconsider this decision immediately.”

According to Xinhua News Agency, citing Iran’s Fars News Agency on March 14, during enemy airstrikes on Hormuz Island, there were over 15 explosions on the island. The enemy attempted to damage defenses, military bases, and helicopter hangars, but the oil facilities were not damaged.

On Friday, Brent crude oil closed above $100 per barrel for the second consecutive day and hit its highest level in over three years. WTI closed near $99 per barrel, the highest since July 2022. Rising oil prices are beginning to impact global consumers, increasing stock market volatility and fueling inflation concerns.

Analysts suggest that if Brent remains above the psychological threshold of $100, it could further pressure Trump to end the Iran conflict.

Launching the 48th Military Operation

According to CCTV News, on March 14, the Iranian Islamic Revolutionary Guard Corps (IRGC) announced that early that morning, they jointly conducted the “True Commitment-4” 48th military operation with Hezbollah.

The operation involved the use of “Habar Shakan” missiles, “Qader” missiles, and destructive drones, targeting the Golan Heights, northern Israel’s Galilee and Haifa, as well as U.S. military bases in the Middle East.

Earlier that day, Iran’s Tasnim News Agency quoted the IRGC statement reporting that the 47th wave of “True Commitment” operations targeted three locations in southern Israel, the U.S. Al Udeid Air Base in Qatar, and Iranian-affiliated “separatist” groups in Iraq.

On March 13, Iranians held rallies across the country condemning U.S. and Israeli military aggression in the Middle East. Several senior Iranian officials, including President Ebrahim Raisi, participated in the rally in Tehran.

Despite Israel’s claims of planning airstrikes in central Tehran and other areas, large crowds gathered in Revolution Street in central Tehran, waving Iranian flags and shouting anti-American and anti-Israeli slogans, condemning U.S. and Israeli military aggression. Participants stated that the U.S. and Israel plan to force Iran to surrender through military strikes and assassinations of Iranian leaders, but the Iranian people will unite with the military and government to resist invasion and fight to the end.

Several senior Iranian officials also attended the rally, including President Raisi, Supreme National Security Council Secretary Ali Larijani, and Foreign Minister Hossein Amir-Abdollahian. Larijani said Israel’s attacks on Iran are “out of fear and despair,” and that the more pressure the U.S. applies, the more determined the Iranian people become.

Amir-Abdollahian stated that despite the “brutal” attacks by the U.S. and Israel, millions of Iranians still participated in rallies across the country, demonstrating unwavering support for the nation.

(Article source: Securities Times)

BTC2,43%
ETH8,62%
SOL6,04%
ADA7,87%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin