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- 📢 #Gate Square Writing Contest Phase 1# is now officially launched!
Share your unique insights on the CROSS project and stand a chance to win $500 worth of CROSS rewards!
💰 Rewards:
1st Prize (1 winner): $150 worth of CROSS
2nd Prize (3 winners): $50 worth of CROSS each
3rd Prize (10 winners): $20 worth of CROSS each
👉 How to Participate:
1. Publish your unique insights on the CROSS project in Gate Square.
2. Add the tag #Gate Square Writing Contest Phase 1# to your post (minimum of 300 words).
3. Share your article or insights on X with the tags: Gate Square CROSS
Essay Content Directions:
- 🚀 Calling all Gate Square content creators!
Join the Gate 2025 Mid-Year Gala to become a top creator
Win Gate x Red Bull merch, $1,000 Futures Vouchers, VIP+1, and fan-exclusive rewards!
Sign up now 👉 www.gate.com/activities/community-vote
#GateSquare#
- 🎉 A Warm Welcome to Dr.Han on Gate Square!
Dr.Han — Founder of Gate and a seasoned crypto industry observer — is now officially sharing insights on Gate Square!
📢 Follow Dr.Han and like or comment on his latest post for a chance to win!
👉 Post: https://www.gate.com/post/status/11966645
👉 Profile: https://www.gate.com/profile/Dr_Han
🎁 Giveaway Alert:
We’ll randomly select 10 lucky users from those who follow + like/comment to receive a limited-edition Gate T-shirt — the same style worn by Dr.Han!
(If shipping is unavailable in your region, a $50 Futures Voucher will be provided instead.)
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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event is Live!
Share Alpha trading highlights screenshots with #Gate Alpha Trading Share# to split $100!
🎁 10 lucky users * 10 USDT each
📅 July 4, 4:00 – July 20, 16:00 UTC+8
Don’t forget—the main Alpha Points Carnival prize pool is up to $1,000,000!
Trade and post for double the chances to win!
Learn more: https://www.gate.com/announcements/article/45908
- 🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00 – July 9,
Why Do Large BTC Addresses Keep Buying Bitcoin in the Past 3 Months?
The number of Bitcoin addresses holding at least 100 BTC has recently spiked to almost 16,000. Those participants collectively own 11.5 million BTC, adding almost 28K BTC in the last 12 weeks
Bitcoin sharks and long-term holders have also shown a rising interest in the leading digital asset during the first half of the year, which saw the asset’s price climbing above $30,000. In addition, the sector was infused with optimism following the numerous applications from finance giants such as BlackRock, Invesco, VanEck, and others, all of which filed to launch a spot BTC ETF in the United States.
The Recent Uptrend
The cryptocurrency market intelligence platform Santimentrevealedthat bitcoin addresses holding at least 100 BTC (equaling $2.9 million at current prices) have surged to 15,870
These whales have purchased 27,755 BTC during the past three months and currently possess 11.5 million BTC (worth $334 billion), or nearly 60% of the asset’s total circulating supply.
The cryptocurrency industry received some revival shots during the first months of the summer, coming from the multiple spot BTC ETF filings and Ripple’s landmark victory in the legal battle against the US Securities and Exchange Commission (SEC).
One can observe, though, that such whales held more BTC in February and the beginning of March when the price of the primary cryptocurrency was less than $25,000, whereas America’s banking sector was going through a severe crisis
Not Only the Whales
It seems like BlackRock’s ambition to introduce a spot BTC ETF in the States granted more confidence to large Bitcoin investors who bought a substantial amount of the asset shortly after the filing.
As CryptoPotato reported last month, BTC sharks and whales accumulated 71,000 BTC between mid-June (when the world’s largest asset manager filedwith the SEC) and July 8.
The general optimism among investors could be explained by the fact that BlackRock has an outstanding record with America’s securities regulator,seeingonly one out of its 576 ETFs rejected over the years
Long-term holders (those who have been part of the eco for at least the past 155 days) have also purchased considerable quantities during H1, 2023. The supply they own has recentlyspiked to an all-time high of 14.52 million BTC