💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
The wallet associated with GSR was liquidated due to shorting LAUNCHCOIN, resulting in a total loss of approximately 4 million dollars.
Odaily News According to on-chain analyst MLM monitoring, a wallet associated with GSR (0xc7e...ce4f) was liquidated due to its LAUNCHCOIN short positions, resulting in a drop to zero account balance. The wallet was liquidated for 64.593 million LAUNCHCOIN, worth 7.8 million USD, of which Hyperliquid LP took over 42.362 million LAUNCHCOIN, worth 5.2 million USD, and made a profit of over 800,000 USD. Additionally, the wallet was also liquidated on several other trading pairs, with a nominal total of 4.9 million USD. In the past 24 hours, the total loss of the wallet was approximately 4 million USD.