Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
You can’t make this up: A $140 BILLION swing in market cap in under 2 hours.
Bitcoin surged +$3,000, liquidated $120M in shorts, and then immediately nuked $3,000 to liquidate $200M in longs.
Retail sees a "broken market" or manipulation. I see the plumbing working exactly as designed.
The market was over-leveraged on both sides, and the algorithm hunted the liquidity to reset the funding rates.
Leverage is a tool for the solvent to expedite wealth. For the rest of you, it is just an accelerator for bankruptcy.
The weak hands just donated their position to the strong hands. The structure is now clean.