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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
- 📢 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!
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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
- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
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3.Post may include only the #TopContentChallenge# tag.
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📃 High-quality posts will be shared on Gate Square and labeled as [Featured Posts]!
📌 Rewards will be distribu
While Bitcoin is trading in a narrow range, a remarkable change is occurring in the behavior of Whales! Here are the details.
While the Bitcoin price fluctuates in a narrow range between 107,000 and 109,000 dollars, on-chain data reveals a significant change in the behavior of "whales," who are among the largest and most influential participants in the market.
Are Bitcoin Whales Giving a Peak Signal?
According to the data, large investors may have transitioned from the accumulation ( phase to the distribution ) phase.
The Accumulation Trend Score provided by Glassnode (Accumulation Trend Score) highlights this trend more clearly. This metric measures the accumulation power of investors based on the size of wallets and BTC purchases made in the last 15 days.
Values close to 1 indicate strong buying, while values close to 0 indicate a selling tendency. By excluding exchange and miner wallets, a healthier data set is obtained.
The score of whales holding assets of 10,000 BTC and above has currently declined to 0.4 in this metric. This level indicates that whales have started to take selling positions after the aggressive buying that occurred in April at the dip level of $75,000. Other wallet categories, however, continue to remain in accumulation mode.
This strategic shift in whales may stem from their desire to realize profits or adopt a more cautious stance regarding short-term price movements.
Another indication of this change comes from exchange flow data. Over the past month, whales have shown a positive picture indicating that they have not sold by withdrawing BTC from their wallets to exchanges, while it has been observed that they deposited BTC back to exchanges on two of the last three days. This movement is generally known as a pattern observed before sales.
Bitcoin continues to trade close to its all-time high in light of these developments. However, the behavior of whales strengthens the signals that the market may enter a correction process.
*This is not investment advice.
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