🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Bitcoin Outflows Surge As Institutional Holders Signal New Bullish Base
HomeNews* Bitcoin’s outflow/inflow ratio dropped to 0.9, reflecting increased long-term accumulation.
The report also highlights that over 19,400 BTC—valued at about $2.11 billion—were shifted this week from dormant wallets into large institutional addresses, according to crypto analyst Maartunn. These coins had not been touched for three to seven years, signaling planned institutional strategies rather than spontaneous trades.
Despite continued short interest from traders using Binance’s derivatives platform, Bitcoin’s price has not dropped below the current range. Negative Cumulative Volume Delta (CVD) data, which tracks whether buyers or sellers are in control, signals strong sell activity, but the price stability suggests that this selling is being absorbed—likely due to ongoing accumulation.
Such exchange outflow patterns were last seen during Bitcoin’s macro bottom near $15,500 in December 2022, just before the start of a sustained rally. Typically, an outflow/inflow ratio below 1.05 is associated with price bottoms, while ratios above 1.05 have coincided with corrections at market tops, according to CryptoQuant’s analytics (source).
As Bitcoin continues to absorb sell pressure and long-term holders accumulate, market observers point to growing confidence that the $100,000 to $110,000 range could become the new base before another upward move. However, the article notes that all investments carry risk and urges readers to conduct their own research.
Previous Articles: