💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
A certain Bitcoin long position was liquidated at $109,892, resulting in a loss of $12.49 million, possibly caused by the "sleeping seven years, high-profile exchange of BTC ancient whale for ETH" dumping.
According to ChainCatcher news, on-chain analyst Ai Yi (@ai9684xtpa) monitored that a certain Bitcoin long position was liquidated at 109,892 USD, resulting in a loss of 12.49 million USD. Yesterday’s downward spike in BTC caused significant losses for long positions, with a total liquidation of 628 million dollars across the network in the past 24 hours, affecting over 130,000 people. As for the reason, many analysts have speculated that it may be due to the “high-profile liquidation of $ETH by the ‘sleeping seven-year ancient giant whale’ of $BTC.” Currently, they still hold 67,118 BTC (worth $7.62 billion) on-chain.