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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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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 - 💙 Gate Square #Gate Blue Challenge# 💙
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Traders open 40x leverage BTC short positions betting $112 million
The latest market dynamics show that a trader has taken bold action in the crypto assets market. According to monitoring data, the trader has opened a large-scale Bitcoin short positions, using 40x leverage.
This transaction involves 1038.71 Bitcoins, valued at approximately 112 million USD based on the current market price. The trader's opening price was 107,711.1 USD, while the liquidation price is set at 149,100 USD.
Such high-leverage large transactions have attracted the attention of market participants. This operation not only demonstrates traders' strong opinions on market trends but also highlights the high-risk characteristics of the Crypto Assets market.
With the continuous fluctuations in Bitcoin prices, market observers are closely monitoring the follow-up developments of this transaction and its potential impact on overall market sentiment.