📢 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
7-year-sleeping Whale awakens: 15,000 BTC dumping Hyperliquid turns to go long 23,000 ETH
On August 21, according to monitoring by [区块律动], a wallet that withdrew 15,000 BTC from a certain platform 7 years ago (worth 95 million USD at that time) has started selling these BTC on Hyperliquid. In the past 8 hours, it has deposited about 550 BTC (worth 62 million USD) into Hyperliquid and is in the process of selling.
This led to a sudden drop of 200 basis points in BTC on Hyperliquid, resulting in a 30 basis point discount compared to prices on other exchanges. Subsequently, he opened a long position of 23,000 ETH (approximately $99 million) using the funds obtained from selling BTC.