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
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
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.
#BTC下探60000美元关键关口
What a terrifying whale, really daring to bet big — 40x short on Bitcoin, 10x short on SPCX, worth $73.76 million, liquidation price: $62,071.8!
On June 26, according to Onchain Lens monitoring, a whale opened a combined short position worth $73.76 million: 1,002.5 BTC (40x) and 89,695.7 shares of SPCX (10x). BTC liquidation price: $62,071.8; SPCX liquidation price: $162.79.
A combined position shorting both BTC and SPCX with 40x high leverage is uncommon among whales.
Compared to another whale on June 13 who went 5x long on SPCX while holding a 25x short on BTC, this operation has higher leverage and a more aggressive, single-direction approach, showing a bet on the overall risk exposure of the crypto market.
On June 6, another whale shorted 1,588 BTC at 20x leverage, with a liquidation price around $63,939, forming a dense short-term pressure zone together with this BTC liquidation price of $62,071.
Notably, the liquidation price of SPCX in this combined short is as high as $162.79, while the current price is far below that. This means the position is not a hedge against a drop in SPCX spot, but rather a structural operation that uses high-leverage, high-liquidation-price assets for "cross-collateralization" to amplify the BTC short position.
Such strategies are extremely prone to cascading liquidations when volatility intensifies.
$BTC