🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 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.
Trader Faces $1.24M Loss on PEPE Token After Multiple Liquidations
Gate News bot message, James Wynn (@JamesWynnReal) closed his 10x leveraged PEPE long position following nine consecutive liquidations. He withdrew $32,931 from Hyperliquid and transferred the funds to centralized exchanges.
Subsequently, Wynn deposited $1.28M USDC into Hyperliquid, resulting in an additional loss of $1.24M.