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
High-stakes Gambling Whale Bets $30 Million on Bitcoin Crash!
In a move described as suicidal, trader (0x8cA3) opened a massive short sell position on 390.88 Bitcoin worth nearly $30 million through the Hyperliquid platform. Surprisingly, he used a very high leverage of up to 40x, which sets the liquidation price at just $78,586.38.
This gamble puts the wallet at great risk, as any sudden surge in Bitcoin toward those levels would mean the disappearance of these millions in seconds.
Whales who take such extreme positions often bet on imminent negative news or expect a violent correction before the next explosion, but the risk here leaves no room for error.
Monitoring this whale’s liquidation price has become a target for trading platforms and other whales, as the market always loves to chase "liquidity gaps."
()
$BTC