🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Machi Big Brother closes $PUMP positions at loss despite price surge
Gate News bot message, Machi Big Brother (@machibigbrother) has closed portions of his $PUMP long positions at a loss, according to recent trading data.
The trader maintains a significant long position of 4.175B $PUMP tokens, valued at $13.3M, though currently facing unrealized losses of $4.47M. Earlier reports from Lookonchain indicated Machi Big Brother's total losses on $PUMP exceeded $10M, split between $2.17M in spot trading and $8.14M in perpetual futures.