📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
#Bitcoin Whale Transfers Surge: Altseason on the Horizon?
Last week saw $BTC hit a record high of $123,091 on July 14th. However, a subsequent price dip coincided with a significant altcoin market rally, sparking speculation about an impending altseason. This intriguing development has been highlighted by on-chain data.
Whale Activity Points to Potential Shift
Blockchain analytics firm Glassnode reported a substantial increase in Bitcoin whale transfers to exchanges. The 7-day simple moving average (SMA) of BTC transferred from whale wallets is nearing 12,000 BTC, a level reminiscent of early November 2024, which preceded a major bull run. This influx of BTC to exchanges often signals profit-taking or capital rotation.