📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
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Analysis: On Hyperliquid, whales engaging in PUMP futures trading mostly use low margin trading, or are primarily focused on arbitrage.
BlockBeats news, on July 10, according to on-chain analyst Ai Yi (@ai9684xtpa), after the launch of the PUMP contract on Hyperliquid, most whales are playing with "millions in Margin + 1x leverage". In fact, they are likely aiming for the public sale arbitrage on the 12th, or to make a quick profit in the short-term. Currently, three whales have collectively deposited 11 million USDC in Margin but have only opened a short order position of 2.394 million USD. Due to the lack of mark price, HYPE is currently in a manipulable state. If it pumps to 0.015 USD like it did at 11:30 AM today, then with insufficient Margin, a 1x leverage position will also be liquidated. Among them, address 0xAc7...D53ce is the most aggressive, with a Margin of 4 million USDC opening a 2x short order, Holdings of 1.074 million USD, entry price of 0.00504 USD, and exit price of 0.02138 USD.