📢 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
#晒出我的持仓收益# About BTC On-Chain Data: Holder Behavior and Market Sentiment
Long-term holders sell (LTH)
①Profit realization: When the cost of holding LTH is (, if it is below 20,000 US dollars, ) there is a significant cash-out at the high point of 100,000 US dollars, and the on-chain transaction volume sharply increases;
② Exchange inflow: The number of BTC transferred to the exchange increased by 30% on a weekly basis, indicating short-term selling pressure.
2. The derivatives market is overheated
①Funding Rate for Futures: The perpetual contract funding rate remains positive and above 0.1%, leading to crowded long positions and accumulating liquidation risks;
②Options Put/Call Ratio: surge in demand for put options
( ratio>0.7), hedging against the expected decline.