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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Bought $22 million worth of altcoins for two months, earned $8 million: Will he sell? - Coin Bulletin
**On-chain analysis platform Lookonchain announced that a whale borrowed 3 million USDT and bought 11,605 AAVE in the last few hours.
According to the report, this whale has purchased a total of 87,098 AAVE since October 13. Approximately 22.88 million dollars were spent for these transactions, and the whale's unrealized profit currently exceeds 8 million dollars. The average price of the purchase transactions was calculated as 167 dollars.
Investment strategy in AAVE
This transaction of Balina is based on one of the common investment strategies in decentralized finance (DeFi) platforms. Two basic strategies, long position and short position, can be used on platforms like Aave.
A user who wants to take a long position can deposit an asset like ETH, then borrow USDC and use it to buy more ETH. However, if the ETH price falls, this position can be liquidated.
If a user who wants to take a short position, otherwise, can borrow ETH by depositing USDC. If the price of ETH falls, the value of the debt decreases and the user makes a profit. However, if the price of ETH rises, there is a liquidation risk.