💥 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
Whale Trader 0xa523 Faces $30M+ Loss on ETH Long Positions
Gate News bot message, a notable whale trader identified as 0xa523 closed a substantial ETH long position of 41,931 ETH ($179.4M) at a loss of $10M. The trader maintains another active long position of 36,578 ETH ($160M).
The trader’s recent trading activities show a pattern of opening long positions at market highs. According to Lookonchain, the whale added 20,800 ETH ($92.8M) to long positions at price points of $4,470 and $4,450, with a take-profit target at $5,300 and liquidation price at $4,297.67.
The total accumulated losses for the trader have exceeded $30M within a week’s timeframe.