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
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
HYPE Struggles at $40 Mark as Whales Open Short Positions with 5x Leverage
On April 22, according to monitoring by Hyperinsight, after a market uptrend this morning, HYPE rebounded to fluctuate around $40, with a 24-hour decline of 3%. A newly opened whale position on Hyperliquid (0xec8) established a 5x leveraged short position on HYPE within the past hour, with an average price of $40.04 and a liquidation price of $46.6, holding a position size of approximately $3.38 million. Additionally, among the whales that opened positions today (with sizes over $1 million), the address closest to the liquidation line (0x4a8) opened a position at 1 PM today with an average price of $39.64, which has now turned from profit to loss. If HYPE rises to $41.6, this position will trigger liquidation. Address: 0xdf86c7c9069e9bd5bac9d97e21f9aa10f728fb86.