Futures
Access hundreds of perpetual contracts
CFD
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 40+ AI models, with 0% extra fees
20x Short, Zero Room for Comfort IN $SOL 🤐. Looks like 0x128e isn’t done chasing high-risk trades. The newly created wallet just opened a massive 20x short on 240,000 SOL, pushing total exposure to around $21.19M on Hyperliquid. And with leverage that high…
The entry came in around $88.68, while the current mark price is sitting near $88.29, putting the trade slightly in profit for now, about +$93.7K unrealized, roughly +8.8% ROE.
But the dangerous line is close. Liquidation sits at $90.85, barely above the current market price. One sharp push upward and this thing could unravel very quickly. No hedge, no offsetting longs either... the account is running 100% short exposure.
This is the same wallet that recently got burned $294,401.93
on a 40x $BTC short. Now it’s back again, immediately leaning into another oversized short with almost no room for error.
Either conviction is extremely high… or risk management left the room a while ago.
Here is his address: 0x128e07babe3bbbd46b480a93bb4ab8bd21fc4131