🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Bitcoin fall sharply causing 841 million dollars to be liquidation
On Friday, the price of Bitcoin (BTC) fell to 103,703 USD, losing more than 2% of its value in 24 hours, pulling the entire market down by 2.86%, to 3.28 trillion USD. BTC is currently 6.8% lower than its all-time high on May 22. After dropping below 104,000 USD, BTC fluctuated around this level on Friday afternoon, with trading volume increasing by 14.68% to 150.41 billion USD, mainly from the sell side.
On the OKX exchange, the largest liquidation order worth 12.74 million USD was recorded. Whale James Wynn also suffered significant losses, being liquidated on a decentralized exchange, despite still holding a 40x long order worth 54.87 million USD. The market is in a fragile equilibrium state, with unstable sentiment and increasing liquidation orders. By 2:30 PM, the BTC bulls are trying to push the price back above 105,000 USD.