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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your - 🚀 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.
Coinbase Wrapped Bitcoin Sees Unusual 6,887% Transaction Surge: Details
In an unexpected development, Coinbase’s Wrapped Bitcoin (WBTC) has seen a staggering 6,887% surge in large transaction volume, sparking attention in the crypto community.
On-chain data shows that whale activity involving Coinbase Wrapped Bitcoin has skyrocketed in the last 24 hours, indicating increased movement or interest in the asset.
According to IntoTheBlock data, large transaction volume for Coinbase Wrapped BTC, CbBTC, increased by 6,887% to $14.42 billion. A spike in large transaction volume often denotes increased activity for whales or large holders, whether buying or selling.
While the reason for the sudden spike remains unclear, such an unusual jump suggests a large-scale transfer or a rapid change in market dynamics.
Coinbase allows eligible customers to send or receive wrapped versions of certain cryptocurrencies to wallet addresses on supported blockchains, enabling them to transact across various networks while maintaining a single, unified balance of the native tokens in their Coinbase accounts. Each wrapped asset is backed 1:1 by its original cryptocurrency. Coinbase Wrapped Bitcoin (cbBTC) represents Bitcoin (BTC) on Base, Ethereum, Solana and Arbitrum.
Bitcoin institutional demand booms
The surge in Coinbase's wrapped Bitcoin large transaction volume comes as Bitcoin's gain slows, with momentum moderating across spot, futures, options and ETF markets. With liquidity dwindling and risk appetite cooling, signs of seller exhaustion emerge, but BTC's frail market structure leaves it vulnerable to further decline.
Bitcoin, the world's largest cryptocurrency by market value, is seeing an increase in demand from institutional investors, as pension funds and other long-term buyers add it to their portfolios.
The crypto sector is anticipating an executive order that will enable private equity, real estate, cryptocurrency and other alternative assets in 401(k)s, a significant triumph for companies hoping to get into the nearly $12.5 trillion held in those retirement plans.