- Topic
21k Popularity
27k Popularity
113k Popularity
3k Popularity
19k Popularity
- Pin
- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Whales are undecided on stablecoins and bitcoin price
Large investors are unsure whether to buy stablecoins as the stablecoin market experiences recovery. Movement may be related to rises and falls of Bitcoin.
New tracking of cryptocurrency whales has indicated that many are undecided about their moves on stablecoins in relation to the price of bitcoin.
With a drop last August, bitcoin still accumulates an increase for the year, although in the short term it registered a retraction to the US$ 25 thousand range.
And the currency's crash forced whales to sell their bitcoins and buy stablecoins to protect themselves from the digital currency's volatility.
But while bitcoin depreciates in a pre-halving cycle, not all whales are willing to risk being left out of an eventual price spike.
Chart proves that whales are undecided about the price of bitcoin
Buying stablecoins certainly puts investors' money in an asset issued by a company that guarantees stability against the dollar. In a bitcoin crash, for example, taking refuge in stable coins could give traders the option to buy more BTC at lower prices.
However, if the investor is positioned in stablecoins and the market appreciates, the investor may have to risk losing the appreciation of their money compared to the Dollar.
And this is what the whales are experiencing, the indecision of positioning themselves in stablecoins and missing out on a possible price appreciation of bitcoin.
Santiment's data, published on X on Saturday (2), shows that many whales are still neutral, which makes it difficult to predict whether they are anticipating new market highs or lows.