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- 🎉 #Gate Post# Hits 50,000 Followers!
✨ To celebrate this amazing milestone, we're giving back to our incredible community!
🎁 4 Lucky Winners Will Each Receive $10 Points!
Join:
1️⃣ Follow Gate_Post
2️⃣ Like this post
3️⃣ Drop your congratulations in the comments!
End at 18:00, May 25 (UTC)
- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
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- 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
GameStop's soaring share price caused shorts to lose a lot of money
GameStop shares surged nearly 75%, causing shorts to lose a lot of money. According to S3 Partners, shorting GameStop's Hedging fund lost $838 million on the day at mark-to-market prices. The share price spike was attributed in part to internet personality Roaring Kitty, who had previously encouraged retail investors to buy GameStop stock in 2021, leading to a historic shorter squeeze. Currently, more than 24% of GameStop's outstanding shares are shorted, and shorters have lost $1.24 billion since May. Other meme stocks such as AMC and Reddit have also seen price pumps. S3 Partners' Ihor Dusaniwsky warned that the market is "bumpy and bloody" for shorts, with new shorts expected to enter the market at around $30.