🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Institutional Demand in Bitcoin Is Increasing Relentlessly: It Has Reached a 19-Month Peak!
Institutional investors' Bitcoin holdings reached their highest level since July 2022.
Data from on-chain analytics platform CryptoQuant revealed the growing demand from institutional investors. The number of holdings in wallets holding between 1,000 and 10,000 Bitcoin has seen the highest level since July 2022.
The increase in this range, which mostly represents long-term investors, was interpreted as a clear bull market indicator. In the past bull cycles, increases in the amount of Bitcoin by institutional whales were among the factors that carried the price upwards.
These investors tend to hold onto their assets for more than 6 months and often don't sell even if the price falls below their buying point.
At the level in July 2022, these whales sold and the price of Bitcoin exhibited serious declines as market conditions remained negative. The amount of Bitcoin held by institutions peaked in June 2021, and just a few months later, the price of Bitcoin began to decline after peaking.
#NewYear2024# #ContentStar# #BountyCreator# #HotTopicDiscussion# #GateioBountyCreator# #ContentStar# #Gate post Highlights# #Thanksgiving# #ChristmasWish#