📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
#GT# #BTC# #XRP# #ETH# #DOGE#
The Bitcoin derivatives market experienced a significant shift today.
Typically, liquidation operations have largely moved in one direction, which was evident even in a market known for its "volatility". In just the past hour, approximately $13.48 million worth of leveraged Bitcoin positions were closed, almost all of which came from long-term buy positions, according to .
Since the short selling value reached only $7,790, the discrepancy between the two reached 17,300%.
The prices were not in a sharp decline at that time. The price of Bitcoin was trading at around 119,500, just a little below its previous high of 120,000 USD. However, the way positions were distributed meant that any slight drop was enough to liquidate a batch of long contracts.