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Futures Points
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Simple Earn
Earn interests with idle tokens
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Auto-invest on a regular basis
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0 Fees
Pledge one crypto to borrow another
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One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Whale Short Position Faces $6M Unrealized Loss as Crypto Market Rallies
Gate News bot message, a whale trader who previously sold 255 BTC to initiate short positions is now holding approximately $225.8M in short positions across BTC, ETH, SOL, and SUI, with over $6M in unrealized losses. According to Lookonchain, trader 0x94d3 opened additional shorts on 1,360 BTC ($119M), 36,281 ETH ($106M), and 348,215 SOL ($43M) over a 5-hour period on December 29. The trader’s PnL has shifted from a $7.7M profit to a $1.7M loss.