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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
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🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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August 11 – 20, 2025
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2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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📅 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.
With the rise in Ethereum prices, the blockchain market has once again attracted the attention of investors. According to on-chain data, as of August 8, a well-known investor's 25x leveraged long position in Ethereum has turned from a loss to a profit, with current floating profits exceeding $3.6 million. This change reflects a positive shift in market sentiment and a significant rebound in Ethereum prices.
However, the market is not optimistic. Another position of the same investor—a long position in PUMP tokens with 5x leverage—is still in a loss state, with a floating loss close to 500,000 USD. This stark contrast highlights the high volatility of the cryptocurrency market and the differences in performance among various tokens.
This event reminds investors to closely monitor market dynamics and manage risks cautiously. Although high-leverage trading can bring considerable returns, it also comes with significant risks. Investors should formulate trading strategies based on their risk tolerance and market analysis to avoid overexposing themselves.
As the Ethereum ecosystem continues to evolve and with the upcoming network upgrade, the market remains optimistic about its long-term prospects. However, short-term price fluctuations are still factors that cannot be ignored. Investors need to stay alert and adjust their strategies at any time to respond to market changes.