🎉 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.
Major Crypto Whale 0xd85d Takes $9M Loss, Switches to Short Positions on ETH and SOL
Gate News bot message, a notable cryptocurrency whale address 0xd85d has executed significant position changes in the digital asset market. The trader closed long positions on ETH and SOL, recording losses of $5.33 million and $3.72 million respectively.
Following these closures, the whale immediately established new short positions, consisting of 10,491 ETH valued at $38.7 million and 100,000 SOL worth $16.86 million.