Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
I saw an interesting movement on the exchange — a major holder (whale) with the address 0x610 just made a quite aggressive move. First, they closed losing long positions, then immediately reversed and opened shorts on both main assets.
According to Hyperinsight, this whale opened a short position on Ethereum with 25x leverage — 3,000 ETH at a price of around $2,320 per coin, totaling approximately $6.9 million. Then they quickly switched to Bitcoin, with a 17x leverage — 140 BTC at $75,960, totaling about $10.6 million.
In total, it amounts to around $17.5 million in shorts. Interestingly, the whale is clearly expecting both assets to fall — such large positions with high leverage usually indicate serious market movement expectations. Maybe they see some signals we haven't noticed yet?