📢 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
80,009 ancient BTC half moved! Galaxy receives $4.68 billion causing a flash crash in coin price, with 40,000 coins remaining as a sword of Damocles.
Century Transfer: Ancient Miners Ignite $4.68 Billion BTC Movement Recently, an epic transaction was detected on the chain: ⚠️ 40,009 BTC transferred from a miner address in 2011 (when the price was < 1 dollar) ⚠️ The recipient is the custody address of Wall Street giant Galaxy Digital. ⚠️ This address has historically held 80,009 BTC (currently worth 9.46 billion USD), and is active for the first time in the modern blockchain era. Lookonchain confirmed: Galaxy Digital has deposited 3000 BTC (total value of $706 million) to two CEXs respectively.
Whale Path Analysis: OTC Channel Hides Selling Pressure Secrets Transfer completed in multiple transactions (data is traceable): ⏱️ The first transaction of 9,000 BTC (worth 1.06 billion) ⏱️ Next transaction 7,843 BTC (worth 927 million) ⏱️ A total of 23,166 BTC was transferred in the next five hours. Choosing Galaxy Digital is highly meaningful: 🔷 One of the largest cryptocurrency OTC desks in the world 🔷 Specifically designed for institutions to provide block trade slippage protection 🔷 Usually means that the holder seeks covert liquidation rather than storage deployment.
Market Chain Reaction: CPI Data Combined with Sell-off Triggers 6% Plunge The whale action coincides with macro bearish factors: 📉 US June CPI YoY 2.7% (Previous value 2.4%) 📉 Core CPI year-on-year 2.9% (the dollar index jumped to 95.5) Under double blows: ⛈️ BTC has fallen from its historical high of 123,153 USD. ⛈️ Dropped to $115,700 within 6 hours (amplitude 6.2%) ⛈️ As of the time of writing, barely holding steady at 116,900 USD Trader Daan Crypto Trades pointed out: "The volatility of the US dollar index indicates that the market is digesting complex signals."
Unexploded Bomb Warning: 40,000 BTC Remaining Triple Threat Currently, only 6,000 BTC has been confirmed to flow into the exchange, but hidden dangers still exist: 1️⃣ 34,009 BTC in Galaxy's hands (approximately $3.98 billion) disposal method is unclear. 2️⃣ If trading through OTC: Market impact is smaller 3️⃣ If continuous inflow into the exchange: the support range of 112,000-115,000 USD will be tested On-chain data shows that the whale still holds 40,000 BTC (the address balance has not been fully transferred).
Historical Comparison: The Bear Market Curse of Ancient Address Movements Blockchain Archaeological Discoveries Warning Patterns: • November 2022: 3,000 2010 BTC were transferred, and the price dropped 47% over three months. • May 2023: 1,000 2011 BTC transferred triggered a single-day 12% flash crash The scale of this transfer is the third largest "ancient address movement" in history, and holders need to be wary of the surge in volatility in August.