🔥 Gate Square Event | #PostToWinLaunchpadKDK 🔥
KDK | The latest Gate Launchpad spotlight token
Before: stake USDT to join
Now 👉 just post for a chance to win KDK!
🎁 Gate Square exclusive: 2,000 KDK total rewards up for grabs
🚀 Launchpad star project — big potential ahead 👀
📅 Event Duration
Dec 19, 04:00 – Dec 30, 16:00 (UTC)
📌 How to Join
Post on Gate Square (text, images, analysis, or opinions)
Content should relate to KDK price predictions at launch, project insights, or your understanding of the Gate Launchpad mechanism
Add one hashtag: #发帖赢Launchpad新币KDK 或 #PostToWinLaunchpadKDK
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Sharp price volatility triggered widespread forced liquidations. Data shows that in the past 24 hours, the total amount of liquidations across the entire network reached $677 million, affecting over 190,000 people. Among them, long positions liquidated amount to $583 million, while shorts account for $94.34 million, indicating that leveraged longs suffered particularly heavy losses.
Specifically for Ethereum, long liquidations totaled $176 million, far exceeding the $36.22 million in shorts. Some whale users with high leverage long positions were partially liquidated, while another whale holding over 20,000 ETH has unrealized losses exceeding $6.24 million. Analysts warn that if ETH price drops below $3000, the liquidation strength of long positions accumulated on mainstream exchanges could reach $865 million, potentially triggering a chain of liquidity risks.