📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
Major Trader 0x2258 Takes $62.5M Short Position on ETH with 18x Leverage
Gate News bot message, Notable cryptocurrency trader identified as Whale 0x2258, who has accumulated profits exceeding $15M, has established a substantial short position on ETH. The trader is currently holding a position of 20,474 ETH ($62.5M) with 18x leverage.
The trader has built a track record of successful trades by taking opposite positions to James Wynn. According to Lookonchain, Whale 0x2258 generated profits of $5.6M within three days by implementing this counter-trading strategy. On May 24, while James Wynn maintained long positions on BTC, trader 0x2258 initiated short positions on both BTC and ETH.