💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Bitcoin's Large Bag Holders Remain Net Buyers Amid Leverage Unwinds
Bitcoin’s large bag holders, or whales, continue to accumulate despite market volatility, acting as a stabilizing force as leverage unwinds from recent crashes.
Whale Activity: Net Buying Persists
Large Bitcoin holders with 1,000-10,000 BTC have added 50,000 BTC to their positions over the past month, per Glassnode data. This net buying, valued at $5.5 billion, counters $19 billion in liquidations from U.S.-China trade tensions. Whales now hold 2.5 million BTC, up 1.2% from August, signaling confidence in BTC’s long-term value as digital gold.
Leverage Unwinds: Healthy Correction
The unwind, with open interest dropping $10 billion, marks a healthy deleveraging, reducing risk from over-leveraged positions. Analyst Zach Pandl of Grayscale notes: “It’s a natural response to extreme leverage, but whales’ buying shows conviction.” BTC holds $108,000 support, with RSI at 55 indicating potential rebound.
2025 Outlook: $130K-$200K Consensus
Forecasts predict BTC at $130K-$200K by year-end. Changelly sees $123,849 in October; CoinDCX $131,500. VanEck targets $180K-$200K on ETF growth.
For investors, how to buy Bitcoin via compliant platforms ensures entry. How to sell Bitcoin and how to cash out Bitcoin offer liquidity. Sell Bitcoin for cash and convert Bitcoin to cash enable fiat conversions.
Whale accumulation amid unwinds signals resilience, guiding BTC’s bullish 2025 path.