Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
Everyone is watching whether Yilihua's 600,000 ETH will be liquidated! Here's the thing: if Ethereum drops to Yilihua's liquidation price at $1800 and gets liquidated, then hundreds of thousands of ETH long positions being closed can instantly cause a drop of ten to twenty points, like a fixed anchor being dropped! If Yilihua doesn't want to be liquidated, the only option is to sell spot assets and cut losses to survive. Currently, the market's liquidity is drying up, and large-scale coin selling is causing panic, which can also cause a drop of about ten points. So, if Ethereum drops to $1800, there will definitely be another big shock coming! The current situation is still ongoing with selling, and the holdings are now less than 500,000!