🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
"Whale" using a revolving loan method hoarded WBTC and ETH and cut loss by selling 9,516.8 ETH to repay the loan.
On November 19, according to on-chain analyst Yu Jin's monitoring, “the whale accumulating WBTC and ETH at a high position through revolving loans” sold 9,516.8 ETH for 29.36 million USDT for repayment from yesterday to early this morning, with an average selling price of 3,085 USD. His debt on Aave decreased from 150 million USD to 121 million USD, and the health ratio of the position approaching liquidation increased from 1.04 to 1.12, temporarily escaping danger. The collateral still includes 1,560 WBTC (1.44 billion USD ) and 9,000 ETH (280.4 million USD ). A health ratio of 1.12 is not considered safe; if BTC and ETH continue to fall, he will have to continue to cut losses and reduce his position.