🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
#Bitcoin Whale Moves#
Current Status
1. The BTC price is currently ~117,939 USD, with an intraday high of 120,012 USD and a low of 117,346 USD.
2. The Satoshi era whale, after a 14-year hiatus, has taken action and transferred a total of 40,009 BTC (~4.7 m$) to the Galaxy Digital OTC account.
3. Galaxy transferred approximately 6,000 BTC of these BTCs to various exchanges.
4. After these transfers, the BTC price pulled back by nearly 6% during the day, stabilizing around the ~115,700–116,900 USD range.
The Meaning of This Movement and Its Possible Effects
• Corporate liquidity test: The transfer of a large amount of BTC to an OTC desk indicates the depth of inter-institutional liquidity.
• Price reaction: The 40,000 BTC move did not create a negative impact, which means that the market can digest even such large transactions ().
• Sale or transfer? The portion going to Galaxy Digital may not necessarily mean a direct sale; gradual selling strategies are often applied at OTC desks.