🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Latest AIA battle update
Compared to the data from 6 hours ago, the liquidation amount of short positions surged by nearly 10 million, while long positions increased by 2.5 million. Although the overall open interest (OI) is decreasing, the weighted funding rate remains high.
What does this mean? The battle is far from over.
Market makers (MM) are likely to still have the motivation to continue suppressing shorts. I guess it’s like this: those who were liquidated in the previous wave of short selling are feeling unhappy, seeing that AIA seems to be about to pull back, and can’t help but short again to try to recover their principal, only to be chased and hit again.
The long and short battle of AIA this time is truly a meat grinder without smoke. The data doesn't lie, and the market sentiment is still at a high level of resistance.