💥 Gate Square Event: #PostToWinPORTALS# 💥
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📅 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
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Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
#ASTER# Trigger of the short squeeze (Bearish effect)
Overview: A large investor holding a short position with 3x leverage on ASTER suffered an unrealized loss of over $500,000 as the price increased. To avoid forced liquidation at $2.09, he had to increase his margin by $2.3 million (Lookonchain). On September 21, the price of ASTER was $1.78, approaching the liquidation threshold.
Meaning: Rising prices likely forced short sellers to buy back their positions, reinforcing the upward trend. The high open interest of $861 billion across the cryptocurrency market indicates that leveraged positions remain volatile.