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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
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Event ends: August 9, 16:00 UTC
More details: https://www
PANews reported on August 30 that according to CoinDesk citing data from Santiment, nearly 30,000 BTC (worth approximately US$822 million) were transferred to addresses related to centralized trading platforms before the key ruling between Grayscale and the SEC. The ruling caused a 6% surge in Bitcoin prices, pushing BTC to $28,000.
Santiment said: “Before Grayscale won the case, the supply of Bitcoin on trading platforms increased significantly. It is clear that the authorities knew that this outcome would inevitably increase the market capitalization of the crypto market.”
It was reported earlier today that wallets holding 100,000 to 10,000 BTC had accumulated approximately $388 million in BTC the day before news of Grayscale’s victory.