📢 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
Is Ethereum on the verge of collapse? Record open interest is alarming experts
In recent days, Ethereum (ETH) has demonstrated an impressive rise, but experienced traders are already sounding the alarm. The reason? The open interest in ETH futures has reached a historical maximum, and this often foreshadows a sharp fall in price.
On October 15, the price of Ethereum jumped by 8.8%, reaching $2,650. It seemed like a reason to rejoice. But not so fast! Literally the next day, the open interest on ETH futures surpassed the psychological milestone of 5 million ETH. This is an absolute record in the entire history of cryptocurrency.
Let's remember the recent past. On August 2 of this year, open interest in ETH reached a local peak of 4.75 million. What happened next? Right, a crash! In four days, the price of Ethereum plummeted by 31.7% — from $3,205 to $2,186. #ETH#