🍕 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
A trader incurred a loss of 2.788 million dollars in high margin trading of BTC and ETH on Hyperliquid over 2 days.
According to Jinse Finance, on-chain analyst Yu Jin (@EmberCN) monitored that a trader lost 2.788 million dollars within two days through three high Margin Trading on the Hyperliquid platform. The specific operations include: shorting 41,851 ETH with 25x leverage, with a position value of about $103 million and a loss of $2.46 million; then went long 166 bitcoins with 40x leverage, with a position worth $17.6 million, and lost $175,000 in 45 minutes; In the end, he shorted 2,636 ETH at a 25x leverage price of $2,444, and was stopped out due to the downward movement of the liquidation price due to the increase in positions. The trader initially invested 2.96 million USDC and ended up with only 172,000 USDC.