Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
CryptoQuant CEO: BTC-USDT Perpetual Contract Leverage Is Cooling Down
ChainCatcher News, CryptoQuant CEO Ki Young Ju stated that the leverage ratio of BTC-USDT perpetual contracts is cooling down. He added that as the inflow of funds into MSTR and ETFs no longer prevents the excessive long positions from being liquidated, this indicator is returning to pre-ETF approval levels.