🎉 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.
Ethereum Price Drops Following Trader 0xCB92's Strategic Short Positions
Gate News bot message, trader 0xCB92 demonstrated precise timing in the Ethereum market through two significant short positions. On June 11, when ETH reached $2,880, 0xCB92 initiated a short position against the prevailing market sentiment, with ETH subsequently declining to $2,120. Following a similar pattern, the trader executed another short position as ETH broke through $3,940, resulting in a price decline. Both trades were executed during periods of heightened market activity.