📢 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
$ETH Down $6B in Open Interest since the local highs. A -21% decline vs just a -9% price decline.
These are generally the resets you want to see during a bigger trend. Longs got way over excited and the high leverage has been flushed out during this correction.
During this time, $BTC lost about $5.8B (-13%) in Open Interest with about a -2% price decline.
Basically, a lot of positions have either taken profit or have been flushed out & chopped up.
Market definitely more healthy than it was 1-2 weeks ago. That doesn't mean it's ready to go up straight away of course. From here on out it will be up to the spot bid to get us higher again. So keep an eye out for spot premiums, ETF flows and treasury buying and how that impacts price going forward.