📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Trader 'The Gambler' Faces Multiple Liquidations with $8.7M Loss on Crypto Shorts
Gate News bot message, cryptocurrency trader known as The Gambler (@qwatio) experienced total liquidations on leveraged short positions, including 40x Bitcoin, 25x Ethereum, and partial liquidation on 10x FARTCOIN shorts.
The recent liquidations resulted in an $8.7M loss, contributing to his total losses of approximately $25M. Despite these setbacks, The Gambler proceeded to increase his Bitcoin short position at 40x leverage.
According to earlier reports from Onchain Lens, The Gambler had previously lost $1.22M from partial liquidations on the same positions, with floating losses exceeding $4.6M at that time.