🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Hyperliquid responds to the '50x leverage Whale' ETH long liquidation incident: the protocol has no vulnerabilities and will adjust the leverage limits for BTC and ETH.
BlockBeats news, on March 12, Hyperliquid posted on social media, stating, "Regarding the issue of 'Hyperliquid 50x leverage Whale' (user 0xf3f4) ETH long positions: First of all, it is clarified that there was no protocol vulnerability or Hacker attack. The user held unrealized PNL (PNL), made a withdrawal, resulting in a Margin drop, and was subsequently liquidated. In the end, the user made a profit of about $1.8 million, while HLP lost about $4 million in the past 24 hours. Currently, HLP's cumulative PNL stands at approximately $60 million. Please note that HLP is not a risk-free strategy. In order to increase the maintenance Margin requirements for large Holdings, we will adjust the maximum leverage for BTC and ETH to 40x and 25x respectively. This will provide better cushioning for the liquidation of large Holdings.