🔥 Join Gate Post Ambassador Points Task and Win Weekly $200 Rewards!
👉️ Post to earn points and win a share of $200 based on your points, plus ambassador benefits!
Sign up now: https://www.gate.io/questionnaire/5158 (Ends at Oct 15, 16:00 PM UTC)
🎁 Rewards:
Weekly Ranking Prizes:
🥇1st: $25
🥈2nd: $15
🥉3rd: $10
Sunshine Prize: Split $150 rewards pool based on your proportion of points earned.
📍 Rules:
- Post at least 3 times a week (over 3 days) to qualify.
- One post/day is scored (0-100 points) based on quality.
- Points will determine weekly ranking and prizes.
💡 Scoring:
- Posts must be 50+ words with 3+ likes/comments to be valid. More interaction = higher points.
- Content must be original, logical, and insightful.
- Posts on market trends, trading, and token analysis are encouraged. Images/videos boost scores.
- No FUD, plagiarism, or defamatory content allowed.
Not a Gate Post Ambassador? Sign up now 👉️ https://www.gate.io/questionnaire/4937
More info: https://www.gate.io/announcements/article/39409
CEXBTC reserve hits a new historical low, currently at around 2.68 million coins
On October 17th, according to Cointelegraph's chart data, the amount of BTC reserves held by cryptocurrency trading platforms is now about 2.68 million, hitting a historic low. BlockBeats note: The reserve amount of trading platforms refers to the amount of BTC stored in major CEX wallets, and this indicator is usually used to measure liquidity and market supply and demand dynamics. A higher reserve amount of BTC on trading platforms usually means better market liquidity, making it easier for traders to buy and sell BTC. Monitoring the changes in the reserve amount of BTC on trading platforms can help analyze market sentiment. For example, a decrease in reserve amount may indicate users are withdrawing BTC, possibly due to bullish sentiment; while an increase in reserve amount may indicate users are depositing BTC into exchanges for easier trading, possibly indicating bearish sentiment.