📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
The "80,000 BTC ancient Whale" sell-off that occurred over the weekend, pointing out that despite the seller's trading volume reaching 9.6 billion dollars, the market effectively absorbed the selling pressure, resulting in the price falling to 115,000 dollars, and then briefly stabilizing at 119,000 dollars, slightly below the historical peak. The analysis stated that even after this large-scale distribution event, the unrealized profit held by market participants remains substantial. Currently, the paper gains exceed 1.4 trillion dollars, with 97% of the circulating supply still in profit. According to multiple on-chain valuation models, the Bitcoin price is currently fluctuating between 105,000 dollars and 125,000 dollars. If it decisively breaks through this range, it could initiate a rise to 141,000 dollars. Given the high expected unrealized profits at this price level, selling pressure may further increase in this area.
#Pi# #Alpha Points System Opens# #Ethereum 10th Anniversary# #ETF In-Kind Mechanism#