Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
A certain derivatives platform's largest BTC short position was liquidated, earning over $9,300 in profit.
【Blockchain Rhythms】 Monitoring data shows that at 13:42 on January 12, the whale address (0x94d37), which previously held the largest short position in BTC on a well-known derivatives platform, completed a kPEPE long position liquidation, earning a profit of $9,335 in a single trade. Currently, the unrealized profit of this account has reached $4.6 million.
The trading activity of this address has attracted much attention. During the same period when a leading exchange was continuously accumulating BTC, it made large-scale short positions in BTC, ETH, and other mainstream cryptocurrencies. This address once became the largest BTC short seller on the platform with a massive holding of $120 million. From aggressive shorting at that time to gradually adjusting its positions now, the strategic changes of this whale are worth noting.