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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
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3.Post may include only the #TopContentChallenge# tag.
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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
Join the Trading Volume & Net Deposit Leaderboards to win from a 20 ETH prize pool
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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Can ETH break $4800?
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- 🧠 #GateGiveaway# - Crypto Math Challenge！
💰 $10 Futures Voucher * 4 winners
To join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 4:00 AM July 22 (UTC)
Hyperliquid responds to the '50x leverage Whale' ETH long liquidation incident: the protocol has no vulnerabilities and will adjust the leverage limits for BTC and ETH.
BlockBeats news, on March 12, Hyperliquid posted on social media, stating, "Regarding the issue of 'Hyperliquid 50x leverage Whale' (user 0xf3f4) ETH long positions: First of all, it is clarified that there was no protocol vulnerability or Hacker attack. The user held unrealized PNL (PNL), made a withdrawal, resulting in a Margin drop, and was subsequently liquidated. In the end, the user made a profit of about $1.8 million, while HLP lost about $4 million in the past 24 hours. Currently, HLP's cumulative PNL stands at approximately $60 million. Please note that HLP is not a risk-free strategy. In order to increase the maintenance Margin requirements for large Holdings, we will adjust the maximum leverage for BTC and ETH to 40x and 25x respectively. This will provide better cushioning for the liquidation of large Holdings.