💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Whale Bitcoin is dumping again as BTC price is stuck at $116,000
A long-time Bitcoin whale, who sold about 4 billion dollars worth of BTC for ETH at the end of August (~35.991 BTC), is now continuing to offload as the price of Bitcoin hovers around 116,000 dollars. Two wallets associated with the address that has held Bitcoin for over eight years have transferred 1,176 BTC (≈136 million dollars) to the Hyperliquid exchange for sale.
After the previous swap of BTC to ETH, if this whale exchanges ETH back to BTC right now, it will incur a loss of nearly 460 BTC (~53 million dollars) due to the unfavorable ETH/BTC rate. Meanwhile, Bitcoin is facing strong resistance at the level of 116,000 dollars, a price that appeared about three weeks ago. At the same time, some other long-term whale wallets have also started to become active, including a wallet that has been silent for nearly 13 years, indicating an increasing trend of long-term holders shifting during the accumulation phase.