💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Analysis: The Spot price of ATOM on the Binance platform reached 0.001 USD for only 8 milliseconds, which does not affect the Get Liquidated price of the contract.
According to BlockBeats news, on October 14th, Vida, the founder of Equation News, tweeted that “by querying the historical records of Binance Spot order book, it was found that ATOMUSDT briefly touched 0.001 USD within 8 milliseconds from 2025-10-11 05:20:37.689 to 05:20:37.697. At that time, market makers had all exited, and there were no buyers to take the sell orders, resulting in a sudden price fall. Within the next few milliseconds, the price quickly rebounded. Binance Spot indeed experienced that price, but it will not affect the contract liquidation price, because the contract mark price is calculated using a sliding average over a few minutes, so the contract price did not drop to 0.001 USD.”