Not sure how to use your Gate Post Growth Points? We've got you covered!
Growth Points Lucky Draw Round 1️⃣ 1️⃣ is coming soon!
Post, comment, like, and join chats daily to earn more Growth Points and win amazing prizes!
➡️ https://www.gate.io/post
🔥 This round features upgraded prizes — with surprise rewards waiting for you!
For more Growth Points tasks, tap the Growth Points icon next to your Gate Post avatar.
Thank you for your support and engagement — we’re here to reward your every effort!
#CommunityGrowthPoints#
Lock-up Position Token holders suffered heavy losses over 12 months, with OTC prices falling by 50% compared to Spot.
According to Gate.io News bot, Taran, the founder of the crypto OTC trader STI, disclosed that lock-up position token holders have suffered significant losses in the past 12 months. Data shows that OTC prices have fallen by an average of 50% compared to spot prices.
During the same period, Bitcoin rose by 45%. Additionally, with the value loss of liquidity, Lock-up Position Token holders bear an extra opportunity cost of 31%.
Taran pointed out that over 40 billion USD worth of Lock-up Position altcoins will be unlocked in the future. Sellers need to bear a 50% discount when exiting through OTC. As the lock-up period for most Tokens ends in 2025, the shortening of the vesting period is leading to a decrease in the extent of discounts.
Source: Wu Shuo