📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
The cryptocurrency market is facing a critical moment once again. The latest data analysis shows that small fluctuations in the price of Bitcoin (BTC) could trigger huge market reactions. According to reliable sources, if the BTC price breaks through the $119,203 mark, the cumulative short liquidations on major Centralized Exchanges (CEX) will reach an astounding $3.35 billion.
On the contrary, if the price of BTC falls below $108,322, long positions on major CEX platforms will also face a liquidation risk of up to $2.346 billion. This data reveals the high sensitivity of the current encryption market, as well as the immense risks and opportunities that investors face.
This unresolved situation not only reflects the high volatility of the Bitcoin market but also highlights the significant impact of leveraged trading in the cryptocurrency ecosystem. Investors and traders are closely monitoring BTC price movements, as any significant price changes could trigger a chain reaction, subsequently affecting the overall landscape of the cryptocurrency market.
As market participants hold their breath, this potential large-scale liquidation event is undoubtedly set to become one of the most watched focal points in the cryptocurrency space in the near term. Regardless of the price direction, this will be an important test of market resilience and investor sentiment.