Gate on-chain observation ( September 30, ): Tether increased its holdings by 8888 BTC this quarter; Bitmine invested over 100 million dollars to aumentar la posición in ETH. On September 30, the mercado de criptomonedas saw multiple major on-chain movements. Tether continues its strategy of increasing holdings at the end of the quarter, once again purchasing 8888 BTC, demonstrating the long-term alcista attitude of the stablecoin giant. On-chain, there have been frequent large withdrawals and positions en largo from ballenas in ETH, while Bitmine's continued aumento de la posición highlights institutional confidence. Meanwhile, ASTER and HYPE have become the core battleground for intense competition between alcistas and posiciones en corto, with some ballenas and well-known traders experiencing widened pérdidas no realizadas. Overall, the market's capital competition is becoming increasingly intense, and short-term fluctuaciones may further intensify. BTC market dynamics · Tether withdrew 8888.8 BTC from CEX, worth 1 billion dollars, continuing the historical trend of purchases at the end of the quarter. Previously, in Q1 2024, Tether also purchased 8888 BTC, worth 735 million dollars. · Alameda Research received 500 BTC, valued at approximately 57.18 million dollars. #GatePerpDEX正式上线 $BTC