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.
An institution holds nearly 900,000 ETH, with an unrealized loss of $1.7 billion.
$ETH Today it's 1,580, barely moving.
24-hour low of 1,520, high of 1,590, just oscillating within this range. After yesterday's sharp drop, today is a breather, but there's no real rebound strength—just sideways.
What's truly scary is the news below. SharpLink Gaming holds 886,000 ETH, with an unrealized loss exceeding $1.7 billion.
What does 880,000 ETH mean? That's roughly the amount of ETH in circulation, and this one institution holds nearly 900,000 of them. Now with an unrealized loss of $1.7 billion—what level of loss is that? Many listed companies don't even have that much annual profit.
What does this tell us? It shows that institutions are also holding on and suffering losses. Even players of this caliber are trapped like this—does it make ordinary people feel a bit more balanced? Of course, their loss is an unrealized loss; as long as they don't sell, it's not a real loss. And with 880,000 ETH in hand, if ETH recovers in the future, they'll still be winners.