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
A wallet address 0xb317 has recently attracted attention — with a total exposure of up to 768 million, all long positions, with no short hedges. Currently, it has a floating loss of 29 million, and the funding rate is continuously eroding profits daily.
Let's take a look at the specific configuration: holding 203,000 ETH, leveraging 5x to control a position of 615 million; although only 1,000 BTC, with 5x leverage, it has been pushed to a scale of 88.9 million; SOL is the most aggressive, with 510,000 tokens directly leveraged 10x, creating an exposure of 65.1 million.
Such a setup might work in a bull market, but given the current market rhythm, it’s all longs, zero hedging, and ongoing bleeding, making the risk quite significant.