Pay with

USD

Supports Visa, Mastercard, SEPA & more

Flexible trading, zero fees

Use your crypto for payments worldwide

Basic

Trade crypto freely

Smart access to new on-chain tokens

Magnify your profit with leverage

Convert & Auto-Invest

Trade any size with no fees and no slippage

Get exposure to leveraged positions simply

Pre-Market Trading

Trade new tokens before listing

Advanced

Trade on-chain with Gate Wallet

Smart strategies with automated trading

Follow expert trading strategies

CrossEx Trading

One margin balance, shared across platforms

OTC Bank Transfer

Deposit and withdraw fiat

OTC trades with simple RFQ

Access hundreds of perpetual contracts

One platform for global traditional assets

Event Contracts

Predict price moves and seize opportunities

Trade European-style vanilla options

Unified Account

Maximize your capital efficiency

Introduction to Futures Trading

Learn the basics of futures trading

Join events to earn rewards

Use virtual funds to practice risk-free trading

Stock CFD Derivatives

Access real US stocks and ETFs

Trade quality Hong Kong-listed stocks

Real Korean stocks and top assets

Top Japanese stocks, all in one place

High leverage, 24/7 trading

Stocks Activities

Trade Popular Stocks and Unlock Generous Airdrops

Tokenized Stocks

Backed by real stock assets

Unlock full access to global stock IPOs

Launch

Collect candies to earn airdrops

Quick staking, earn potential new tokens

Hold GT and get massive airdrops for free

Unlock full access to global stock IPOs

Trade on-chain assets and earn airdrops

Earn futures points and claim airdrop rewards

Investment

One-stop digital asset wealth management

Trade & earn at the same time

Earn interest with idle tokens

Stake cryptos to earn in PoS products

Auto-invest on a regular basis

Dual Investment

Profit from market volatility

Earn rewards with flexible staking

Limited-time 4% APR on USDT

Top-tier quant strategies

Earn reliable returns from Treasury RWAs

Pledge one crypto to borrow another

One-stop lending hub

Post, share, and explore crypto trends

Live crypto market analysis

Chat with crypto traders

What is happening in crypto

Crypto guides and educational resources

Crypto insights and industry updates

In-depth research and market analysis

More

Promotions

Activity Center

Participate in activities to earn rewards

Invite friends to earn referral rewards

Affiliate Program

Earn exclusive commission rewards

Grow influence and earn airdrops

Real-time platform updates

Huge fee discounts

Asset Management

One‑stop asset management solution

Enterprise digital asset solutions

Developers (API)

Connects to the Gate application ecosystem

Generous API rebate mechanisms

Trade on TradingView

Elevate your trading experience

AI

Your all-in-one conversational AI partner

Use Gate AI directly in your social App

Gate Blue Lobster, ready to go

Gate for AI Agent

AI infrastructure, Gate MCP, Skills, and CLI

Gate Skills Hub

From office tasks to trading, the all-in-one skill hub makes AI even more useful.

Others

Find FAQs and help guides

Grow with the champions

Proof of Reserves

Gate promises 100% proof of reserves

Keep your assets secure

Regulatory Licenses, Registrations, and Approvals

Whale Shorts $102M BTC With First Stop-Loss Just $23.5 Below Liquidation on August 5

Derivatives Data

2026-08-05 08:29:39

BTC0.54%

According to TradingBeats, on August 5, a new address shorted 1,600 BTC using 40x leverage with an average entry price of $64,202.4, creating a position worth approximately $102 million. The address has placed eight stop-loss buy orders to cover the entire short, with the first stop-loss set at $64,868, covering 200 BTC worth roughly $12.97 million. Notably, this first stop-loss price is only $23.5 below the liquidation price of $64,891.5, representing less than 0.04% buffer. If BTC continues rising, the address plans to close 12.5% of the position before liquidation, with subsequent stop-losses stepping up to as high as $67,023. At press time, BTC was trading near $64,202, leaving the short position near breakeven.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

Whale Address Profits $600,000 Shorting ETH in 10 Days, Opens $27.2M Position

$103 Million BTC Short Position Faces Liquidation With Just 0.8% Rise

New Address Establishes 40M ENA Position ($3.69M) and Stakes Into Ethena in 3 Hours

Address Opens $102M Bitcoin:native Short with 40x Leverage on Hyperliquid in Past 30 Minutes

Polymarket Trader TwoEyes Opens $1.4M Short on BTC and MSTR Today

In-Depth Analysis

Trader Opens 1,600 Bitcoin Short at 40x Leverage on Hyperliquid

Crypto Frontier08-05 05:43

Bitcoin rises slightly to $64,000 as leveraged liquidations remain highly concentrated

Market Whisper08-05 01:00

Bitcoin Hits $64,360 as $35M in Shorts Liquidated Amid CLARITY Act Vote Speculation

Crypto Frontier08-04 20:49

Comment

0/400

No comments