New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
💥 $1.58 Billion in Shorts Could Be Wiped Out at $115K
Bitcoin is on the move, and the numbers are eye-popping. If BTC reaches $115,000, more than $1.58 billion in short positions are at risk of being liquidated. For context, short positions are bets that the price will go down. When the market moves against them, these positions get automatically closed, often fueling rapid price spikes.
A liquidation of this size could trigger a short squeeze, where traders rushing to cover their positions push Bitcoin even higher. Historically, these events can cause sudden bursts of volatility and momentum that catch many off guard.
Even for long-term holders, it’s a reminder of how leveraged positions can amplify market moves. The key takeaway: Bitcoin’s path to $115K isn’t just about demand it’s also about the mechanics of leveraged trading and how large clusters of shorts can impact price action.
If BTC approaches this level, expect high volatility, big swings, and intense market activity. Traders and enthusiasts alike will be watching closely to see if history repeats itself with another explosive move. 🚀