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- 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win. - 📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its - 🎉 Attention Alpha fans! Alpha’s latest TAG airdrop goes live today at 10 AM—first come, first served!
💰 Don’t forget to share your airdrop or points screenshot on Gate Square with the hashtag #ShowMyAlphaPoints# for a chance to win a share of the $200 token mystery box!
🥇 Top points winner: $100
✨ 5 outstanding posts: $20 each
📸 Pro tips:
Add a caption like “I earned ____ with Alpha. So worth it”
Share your points-earning tips or redemption experience for a better chance to win!
📅 Activity deadline: August 10, 18:00 UTC
Let’s go! See you tonight: https://www.gate.com/announcements/article - Hey fam—did you join yesterday’s [Show Your Alpha Points] event? Still not sure how to post your screenshot? No worries, here’s a super easy guide to help you win your share of the $200 mystery box prize!
📸 posting guide:
1️⃣ Open app and tap your [Avatar] on the homepage
2️⃣ Go to [Alpha Points] in the sidebar
3️⃣ You’ll see your latest points and airdrop status on this page!
👇 Step-by-step images attached—save it for later so you can post anytime!
🎁 Post your screenshot now with #ShowMyAlphaPoints# for a chance to win a share of $200 in prizes!
⚡ Airdrop reminder: Gate Alpha ES airdrop is - Gate Futures Trading Incentive Program is Live! Zero Barries to Share 50,000 ERA
Start trading and earn rewards — the more you trade, the more you earn!
New users enjoy a 20% bonus!
Join now:https://www.gate.com/campaigns/1692?pid=X&ch=NGhnNGTf
Event details: https://www.gate.com/announcements/article/46429
ETH Bears Crushed as Short Liquidations Soar 370% Over Bitcoin
Crypto traders betting against a price increase for Ethereum (ETH), the second-largest cryptocurrency by market cap, just took a hit. In the last 24 hours alone, Ethereum short liquidations rose to $111.27 million, significantly outpacing Bitcoin’s $34.71 million. This marks a staggering 370% higher, indicating that ETH bears were caught flat-footed.
Ethereum rose sharply to a high of $3843 in the early Thursday session, with bulls building on an earlier rebound in the Wednesday session from a low of $3,563.
The intraday surge from $3,647 to $3,843 caught bearish traders off guard, resulting in significant liquidations.
CoinGlass highlighted the wipeout in a post on X, writing, "Haven't seen this many ETH shorts wiped out in just an hour in a long while." Short liquidations occur when traders who bet on falling prices are forced to close positions as prices climb, leading to even more upward momentum in a classic short squeeze.
Around press time, ETH was up 6.94% in the last 24 hours to $3818, with liquidations sparking a wave of forced buybacks from overleveraged short positions.
Ethereum surpasses SOL, BTC
Not only did ETH flip BTC in 24-hour liquidations, but the second-largest cryptocurrency is also gaining an edge in other market measures.
According to Glassnode, the SOL/ETH hot capital ratio is declining, having reached a year-to-date low of 0.045. On July 29, ETH experienced record short-term inflows, while SOL reached a local high, but both are presently slowing. The cooldown for SOL is sharper, indicating a decreasing but noticeable ETH-led rotation.
The cooldown is sharper for SOL, signaling a fading but notable ETH-led rotation.
Over the last seven days, realized cap growth has slowed. BTC dropped from 6.66% to 5.46%, while SOL fell from 6.34% to 4.84%. ETH has shown some resilience, climbing from 5.32% to 6.41%.
In positive Ethereum news, gaming company SharpLink added 83,561 ETH last week, increasing its holdings to 522,000 ETH. In total, 64 corporations now own 2.96 million ETH, or 2.45% of the supply, valued $10.81 billion.