📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
ETH Whale 0x8c58 Faces $26M Loss from Leveraged Short Position
Gate News bot message, A crypto whale identified as 0x8c58 has accumulated losses exceeding $26 million from a 20x leveraged short position on Ethereum. According to Lookonchain, the trader initiated the short position at approximately $2,969 on July 12.
In response to rising ETH prices, the whale deposited an additional 8.6M USDC into Hyperliquid within the past 24 hours to maintain the position. The liquidation price is now set at $5,002.3.
Source: Lookonchain