💥 Gate Square Event: #PostToWinTRUST 💥
Post original content on Gate Square related to TRUST or the CandyDrop campaign for a chance to share 13,333 TRUST in rewards!
📅 Event Period: Nov 6, 2025 – Nov 16, 2025, 16:00 (UTC)
📌 Related Campaign:
CandyDrop 👉 https://www.gate.com/announcements/article/47990
📌 How to Participate:
1️⃣ Post original content related to TRUST or the CandyDrop event.
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinTRUST
4️⃣ Include a screenshot showing your CandyDrop participation.
🏆 Rewards (Total: 13,333 TRUST)
🥇 1st Prize (1 winner): 3,833
On-chain tracking has discovered a tough character — a certain new Wallet directly dumped 7 million USDC into Hyperliquid, and then did something crazy: opened a Short position on Bitcoin and Ripple with 20x leverage at the same time. Now, what is the notional value of this pile of positions? It has already surpassed 100 million USD.
The timing is quite decisive. Bitcoin has just dropped below the $100,000 mark and is trying to climb back to $103,000, while Ripple is soaring after the news that Ripple is conducting a stablecoin settlement pilot with Mastercard and Gemini, having just broken through the $2.30 resistance level. At this moment, entering to short is either a hedge for large holders or someone who is dead set on betting that there will be a short-term correction.
However, the interesting part of this matter comes later—$100 million in short positions is no joke. If BTC or XRP continues to surge, this guy's position will face liquidation. And once the shorts are liquidated on a large scale, it will actually fuel the price further. Market games are always so exciting.