📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
The number of investors holding more than 1,000 bitcoins (BTC), better known as "whales," had shrunk at the beginning of 2024. However, it skyrocketed these days due to the fall in the price of the digital currency.
Currently, there are 1,513 bitcoin whales, the most in a year and a half. This milestone follows a steady increase in their numbers over the past two weeks. Up until then, there were 1,480 on the market.
It should be noted that the rise of whales is a bullish factor for the market. It reflects that there are investors who are buying bitcoin and holding high volumes of capital in the coin. In this sense, the demand for BTC generated by these actors puts upward pressure on the price.
Understanding this, it can be distinguished that recent purchases by investors who turned whales helped the price rally to USD 40,000.