💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
"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.