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Gate Square | 2/5 Today's Hot Topic: #BuyTheDipOrWaitNow?
🎁 [Community Perk] Post with the topic or #BTC, 10 lucky users * $100 position Voucher.
Market volatility continues as BTC breaks below the $74,000 key support level, with altcoins pulling back in sync. Are you buying the dip in batches or waiting for a better entry point?
💬 Today’s Discussion:
1️⃣ Bottom Signals: Where do you see BTC’s bottom — $70,000 or lower?
2️⃣ Market Drivers: Which recent macroeconomic news or rumors are influencing the market?
3️⃣ Dark Horses: Are there any resilient or outperforming tokens worth watching?
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The top prize: 50 GT.
 who was previously part of the DASH shorting camp has recently changed strategy. This large holder has been continuously reducing their long positions in ETH and SOL.
Currently, the address’s holdings on Hyperliquid are: long 84,005.745 ETH with 15x leverage, with an average purchase price of $2,943.74, and an unrealized profit of $2.31 million. At the same time, they are long 534,596.6 SOL with 20x leverage, with an average entry price of $127.63, and an unrealized profit of $680,000.
Interestingly, although this whale is reducing its positions, it still has a significant influence on the DASH market — it remains the largest holder of DASH short positions on the Hyperliquid platform. Currently, it is short 112,150.15 DASH with 5x leverage. It seems this major holder’s view on DASH hasn’t changed, and they still maintain a bearish stance.