📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Data Analysis:
According to the current settlement map, the overall market is relatively balanced between long and short positions. Based on the current Bitcoin price near $115,200, if the market fluctuates another $2,000 up and rises to around $117,200, it is expected that the cumulative liquidatable short amount will be approximately $1.28 billion. Conversely, if the market drops to around $113,200, the cumulative liquidatable long amount is expected to be approximately $980 million.
Yesterday, Ethereum's rise has liquidated a wave of shorts, and currently, the overall market is dominated by long positions in Ethereum. Based around 3711 dollars, if it fluctuates up or down by 100 dollars, rising again to around 3811 dollars is expected to liquidate approximately 600 million dollars in shorts. Conversely, if Ethereum drops to 3611 dollars, it is estimated that approximately 1.1 billion dollars in longs could be liquidated.
The Bitcoin spot ETF saw a net outflow of $9.9 million yesterday, while the Ethereum ETF had a net outflow of $35 million yesterday.
Market Commentary:
Market Direction: Bullish. From the current market trend, it is still in a phase of oscillation and rebound. The main reason for the rise is the increase in the US stock market, which has hardly corrected. Ethereum has rebounded the most, having re-entered the previous daily-level box oscillation, which indicates that the rise of Ethereum is not over yet and there is still a chance for another wave. A significant independent trend for Ethereum cannot be ruled out, and as a result, the overall altcoin market will also likely rise. Therefore, short-term contracts are suitable for buying on dips.