📢 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
📊 #BTC CQ: reasons why BTC dropped at the end of July:
1. Starting in mid-July, the liquidity of BTC began to decline rapidly, the market became fragile, unable to absorb even the smallest sell orders without the price dropping;
2. We observed sharp spikes in demand for ETFs, followed by pronounced sell-offs. This indicates that inflows into ETFs have been intermittent and volatile. There was no alternative demand to offset the outflows;
3. The accumulation of funds by smart wallets has been limited and weak.