📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
On-chain data analysis has recently revealed a striking market trend. According to reliable sources, a major player known in the industry as the "mysterious whale" decisively took action within a short span of 20 minutes, significantly reducing their short position in Bitcoin (BTC). This move not only attracted widespread attention from the market, but also exposed the immense pressure faced by the investor.
Specifically, this investor has reduced their position by as much as 50%, involving an amount of 2 million USD. This move is undoubtedly a significant stop-loss operation, indicating a change in their judgment of market trends. However, even after such a large-scale reduction, this investor still retains about 1 million USD in short positions, seemingly still observing the market's subsequent direction.
It is worth noting that, even after this large-scale liquidation, the overall position of this mysterious investor remains quite substantial. It is reported that the remaining BTC short position is valued at as much as $62.5 million, with a liquidation price set at $115,368. This data not only reflects the investor's strong financial capabilities but also suggests significant resistance levels that Bitcoin prices may face in the future.
This incident once again highlights the high volatility and uncertainty of the cryptocurrency market. The actions of large holders often have a significant impact on the market, and investors need to closely monitor such information to better grasp market trends. At the same time, this also reminds us that even well-funded large holders need to adjust their strategies in a timely manner in the face of severe market fluctuations to control risks.