- Topic1/3
49k Popularity
3k Popularity
2k Popularity
282 Popularity
413 Popularity
- Pin
- 🎉 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! 🚀
1️⃣ #ETH Hits 4800# | Market Analysis & Prediction: Boldly share your ETH predictions to showcase your insights! 10 lucky users will split a 0.1 ETH prize!
Details 👉 https://www.gate.com/post/status/12322612
2️⃣ #Creator Campaign Phase 2# |ZKWASM Topic: Share original content about ZKWASM or its trading activity on X or Gate Square to win a share of 4,000 ZKWASM!
Details 👉 https://www.gate.com/post/st - 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
Presto Research analysts wondered how useful on-chain data about whales is as trading signals.
According to their words, automated services like Whale Alert are popular among traders because they often interpret large transactions, especially deposits on exchanges, as harbingers of certain activity.
However, the analysis of the prices of a number of cryptocurrencies has demonstrated the opposite. The quotes of the majority of coins have hardly changed after large transfers to trading platforms.
"Conclusion: whale deposits do not have sufficient predictive power to serve as reliable preliminary trading signals. Does this make on-chain data useless? No. They are valuable for blockchain indicator analysis, tracking illegal funds, or explaining price dynamics," noted Presto Research.
#BTC# #ETH#