Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Interestingly, a major wallet address opened a long position of 300 BTC just 7 hours ago, becoming one of the top 5 largest BTC long positions on the Hyperliquid platform. The position size reached $26.14 million, with an average opening price of $87,965.3. However, this long position is currently floating at a loss of $239,000, with a liquidation price set at $86,073.7.
What’s interesting is that this trader has a clear understanding of risk management, setting explicit stop-loss and take-profit ranges in advance. They will gradually stop loss if BTC drops to $79,419, and gradually take profit if it rises to $109,496. From this setup, the trader anticipates about 30% volatility in BTC in the near future, reflecting the current market uncertainty. Such position size and risk control methods are worth paying attention to for traders tracking big players’ movements.