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- 📢 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
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🎁 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# 💙
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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!
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📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
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Dare to trade. Dare to win. - 📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
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Tari is a Rust-based blockchain protocol centered around digital assets.
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🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
A whale sold 7,200 ETH for $28.49M at $3,957 in the past 18 hours.
In a significant transaction, an Ethereum (ETH) whale has sold 7,200 ETH for $28.49 million in the past 18 hours. The sale occurred at a price of $3,957 per ETH, marking a notable event in the cryptocurrency market.
This transaction follows a trend of large-scale sales by whales, as seen in the recent sale of 4,422 ETH for $16.78 million by another whale. The whale in question sold their ETH at a profit of $1.69 million, indicating a strategic move to capitalize on market conditions .
The latest sale by the Ethereum whale is part of a broader trend of whale activity in the cryptocurrency market. According to a weekly market analysis, new whale wallets have accumulated over 225,000 ETH during market dips, valued at $819 million . This accumulation suggests that whales are using market downturns to buy the dip, a strategy often employed by institutional investors.
The recent market volatility has led to a cooling of trading activity across spot and derivatives markets. However, the underlying on-chain data indicates that institutional and whale investors are still actively accumulating assets. Publicly listed companies, including Strategy, have purchased over 31,000 BTC worth $3.61 billion in the past week.
The market may be experiencing a pause before entering its next phase of price discovery, as analysts predict Bitcoin (BTC) could touch $200,000 by the end of the year . The Ethereum whale's sale, along with other market activities, suggests that the market is setting the stage for a potential Q4 rally and continued price discovery.