💥 Gate Square Event: #PostToWinFLK 💥
Post original content on Gate Square related to FLK, the HODLer Airdrop, or Launchpool, and get a chance to share 200 FLK rewards!
📅 Event Period: Oct 15, 2025, 10:00 – Oct 24, 2025, 16:00 UTC
📌 Related Campaigns:
HODLer Airdrop 👉 https://www.gate.com/announcements/article/47573
Launchpool 👉 https://www.gate.com/announcements/article/47592
FLK Campaign Collection 👉 https://www.gate.com/announcements/article/47586
📌 How to Participate:
1️⃣ Post original content related to FLK or one of the above campaigns (HODLer Airdrop / Launchpool).
2️⃣ Content mu
The ETH/BTC exchange rate on a certain chain sold 2000 ETH for 76 WBTC 7 hours ago, dropping the long positions.
Golden Finance reported that according to on-chain analyst Yu Jin’s monitoring, as the ETH/BTC exchange rate dropped to a new low of 0.0377 since April 2021, the largest on-chain position of ETH/BTC exchange rate long positions @jamesfickel continues to reduce position: 7 hours ago, selling 2000 ETH ($5.06 million) in exchange for 76 WBTC drop positions. ◎James Fickel’s ETH/BTC Exchange RateLongPosition peaked at the end of May, when he borrowed a staggering 2,987 WBTC (worth $204.7 million) from Aave, and bought ETH with the borrowed WBTC at an Exchange Rate of 0.054. ◎ Later, as the ETH/BTC Exchange Rate continued to decline without any Rebound, James Fickel had no choice but to reduce position starting from August: he redeemed ETH in batches and sold them for WBTC to repay the debt. As of now, in the span of two and a half months, he has sold 43,600 ETH and exchanged them for 1,766 WBTC (118.9 million USD) to repay the debt and reduce position. ◎His ETH/BTC Exchange Rate long positions currently have a loan of 1221 WBTC.