💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
750 million USDT whale/institution purchasing ASTER is shorting hedging on Hyperliquid.
Odaily News According to on-chain analyst Yu Jin's monitoring, the purchase of 7.5 million USDT of $ASTER by a whale/institution is not a naked long position on $ASTER. One associated wallet of this address has engaged in hedging or funding fee arbitrage on Hyperliquid: shorting 6.486 million $ASTER with 3x leverage (the same amount as the spot purchase). This should be a hedging operation, or arbitraging the funding fee (the current rate on Hyperliquid is positive, meaning longs pay shorts the funding fee, with an annualized rate as high as 450%).