🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Last week, institutional activity was quite aggressive. First, on the Strategy side, they bought 487 BTC in one go, spending nearly $49.9 million. As of November 9th, they had accumulated 641,692 Bitcoin, with an estimated market value of approximately $47.54 billion, and an average cost basis around $74,079.
Looking at BitMine, the activity is even more intense—they directly acquired 110,301 ETH. Currently, they hold about 3.5 million ETH in total, which accounts for 2.9% of ETH's circulating supply, with a market value of approximately $12.64 billion. This level of holding indicates that institutions still have strong confidence in mainstream coins other than $SOL.