📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
A certain Whale is facing unrealized losses of nearly $20 million while shorting ETH with 20x leverage and is continuously adding Margin.
According to BlockBeats news on August 10, monitoring by OnchainLens shows that a certain Whale Address has been continuously depositing funds into HyperLiquid to avoid its 20x leveraged short positions in Ether valued at 66.4 million USD from getting liquidated. In the past two days, the Whale has deposited 9.5 million USDC, with a liquidation price of 4885 USD. Currently, the total unrealized losses amount to 19.9 million USD.