Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
U.S. stock CFD derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
Shenchao TechFlow news, July 3rd, reported by CoinDesk. Against the backdrop of persistent outflows of institutional funds in the United States, Bitcoin whales have accumulated over 270k BTC (approximately $16.7 billion) in the past two weeks, forming a clear divergence from the record outflows of U.S. spot Bitcoin ETFs. Analysis points out that this phased divergence exhibits historical cyclical characteristics: while institutional capital exits, long-term holders and whale accounts continue to accumulate, similar to the capital redistribution structure commonly seen at the bottom areas of previous cycles.
On-chain data shows that although the spot premium remains negative, indicating weak on-exchange buying pressure, large wallets continue to accumulate Bitcoin. The market is currently in a structural phase of "institutional deleveraging and long-term capital accumulation."