Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
Gate MCP
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
Recently, I noticed a rather bold transaction in the market — a trader accumulated 600 BTC in less than 20 minutes at an average price of approximately $70,236. This approach is quite aggressive; they used 30x leverage to open a long position worth over $42 million. Looking at the numbers, their unrealized profit has already reached $570,000, but the stop loss is set at $66,943 — also quite close.
By the way, the current BTC price has risen to $78K, so this position is quite in the green. However, with such 30x leverage, any movement could have a significant impact. Recently, large transactions like this have been appearing quite frequently, indicating that whales are becoming more active.