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- 🎊 ETH Deposit & Trading Carnival Kicks Off!
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- 📢 ETH Heading for $4800? Have Your Say! Show Off on Gate Square & Win 0.1 ETH!
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Or any o
- 🧠 #GateGiveaway# - Crypto Math Challenge！
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2️⃣ Like this post
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📅 Ends at 4:00 AM July 22 (UTC)
- 🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
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This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
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Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd - 🚨 Gate Alpha Ambassador Recruitment is Now Open!
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Bitcoin Falls to US$116,000 After Traders Take Profit Actions
Bitcoin fell to US$116,000 after briefly hitting a new all-time high of US$123,000 on Monday (14/07). The digital gold dropped 4.33% in the last 24 hours as traders began to take profits.
The Bitcoin whale wallet (BTC) that has been active since 2010 became active again on Monday (14/07), moving 20,000 BTC worth US$2.42 billion when Bitcoin broke through US$123,000. This is suspected to be the main trigger for the price correction of Bitcoin today.
Another Satoshi-era wallet also sold about 9,000 BTC worth approximately US$1.06 billion on Tuesday (. This wallet, which has been inactive for years, holds a total of 80,000 BTC and is owned by one of the early Bitcoin users, likely from around 2010-2011.
At almost the same time, another large transfer of 18,643 BTC ) amounting to approximately US$2 billion ( occurred to Galaxy Digital, which is suspected to be part of a profit realization strategy.
Both of these large movements occurred right after Bitcoin failed to break through the all-time high )ATH( at US$123,000 on July 14. This caused many short-term traders to panic and accelerated selling pressure in the market.