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
0x8ca3...c22d: A whale bets 21 million on a short-term rebound
Crypto news, a certain whale missed the upward trend and ended up getting trapped short, and after breaking even, turned around to bet $21 million on a short-term rebound. Today at midnight, the whale on the hyperliquid platform used 40x leverage to short 390 BTC, with a position size of about $30 million, becoming the second-largest on-chain BTC short position, with an average entry price of $76,696. The original take-profit target was set at $75,800. However, the dip during the low point was far less than expected, and this morning’s rebound caused the position to quickly fall into unrealized losses. Subsequently, within ten minutes before press time, the whale’s position fell back near its cost basis, ultimately breaking even with a small loss of about $20,000. Immediately after closing the position, this address reversed and opened a 40x leveraged BTC long position, now totaling $21.4 million, with take-profit set at $77,330 and stop-loss at $76,000, betting on a short-term rebound.