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- 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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5 lucky users with the correct answers will share $50 GT! 💰
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📅 Ends at 16:00, Sep 17 (UTC) - The Gate to Web3’s future opened in Tokyo during WebX Asia ✨
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#WebX2025# #Gate# - Gate Launches GUSD!
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"Shorting ETH at $2249" has incurred an unrealized loss of nearly $18 million, having been trapped in a rollover with 25x leverage for four months.
BlockBeats news, on September 4th, according to HyperInsight monitoring, a Whale shorted ETH at $2249 last night and reduced their position by 333.19 ETH, currently facing a loss of about $17.938 million, with a liquidation price of $5784.94. This Whale established a 25x short order when the ETH price was about $2249.7 in April of this year, and then continuously rolled over to raise the average entry price to around $2760, gradually reducing their position starting from the end of August.