💥 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
Viewpoint: The current Bitcoin dumping is led by short-term holders, with over 85% of on-chain spending coming from new buyers.
According to BlockBeats news on August 1st, Glassnode stated that in the past 24 hours, most of the on-chain spending of Bitcoin (BTC) came from short-term holders (STH). Short-term holders (STH) accounted for $18.24 billion (85.5%); long-term holders (LTH) accounted for $3.1 billion (14.5%); the total spending amount was $21.34 billion. This indicates that the current round of dumping is mainly driven by recent buyers rather than long-term investors. Note: Spending refers to the total amount of Bitcoin moved or used on the blockchain during a certain period, rather than simply “selling” or “trading volume.”