💥 Gate Square Event: #PostToWinTRUST 💥
Post original content on Gate Square related to TRUST or the CandyDrop campaign for a chance to share 13,333 TRUST in rewards!
📅 Event Period: Nov 6, 2025 – Nov 16, 2025, 16:00 (UTC)
📌 Related Campaign:
CandyDrop 👉 https://www.gate.com/announcements/article/47990
📌 How to Participate:
1️⃣ Post original content related to TRUST or the CandyDrop event.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinTRUST
4️⃣ Include a screenshot showing your CandyDrop participation.
🏆 Rewards (Total: 13,333 TRUST)
🥇 1st Prize (1 winner): 3,833
A whale on a certain platform made a massive $166 million profit through short selling, while ETH was targeted with 10x leverage.
According to recent data from a decentralized derivatives platform, whale-level accounts hold a total position of $5.88 billion. Market sentiment appears to be notably bearish: long positions amount to $2.75 billion (46.77%), with unrealized losses of $64.19 million; short positions total $3.13 billion (53.23%), with unrealized gains reaching $166 million.
Notably, a whale address, 0x5b5d…60, used 10x leverage to fully short the market when ETH was priced at $3,527.78. This position has not yet realized profit and has already gained over $6.25 million. It seems this large holder is quite pessimistic about Ethereum’s short-term prospects.