💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Market news: Aethir's certain executive and investor VC leveraged shorting, countering the founder's fundraising pump with dumping to play people for suckers in the community.
According to Mars Finance, crypto KOL Crypto Fearless revealed that there are two versions regarding the cause of the ATH big dump event: The first version states that after the founder of Aethir advocated, they dumped and shorted. The second version suggests that senior executives within Aethir, dissatisfied with the unequal distribution of profits by the founder, teamed up with investor VCs to leverage shorting, acting as counterparty to the founder's fundraising for pumping. These internal executives held daily meetings with the boss and other colleagues, fully grasping and participating in all favorable aspects, and during the process of pumping to the highest point, they placed large short orders, coordinating with spot chips to dump, ultimately leading to a big dump that harvested the community. Additionally, the team also utilized well-known leak bloggers, such as Crypto World Encyclopedia, to leak company-level details and many favorable actions, creating public opinion for shorting through the exposure of bloggers. Regardless of which version of the ATH big dump cause is true, it has severely harvested the community.