🎉 Gate.io Growth Points Lucky Draw Round 🔟 is Officially Live!
Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=10
🌟 How to Earn Growth Points for the Draw?
1️⃣ Enter 'Post', and tap the points icon next to your avatar to enter 'Community Center'.
2️⃣ Complete tasks like post, comment, and like to earn Growth Points.
🎁 Every 300 Growth Points to draw 1 chance, win MacBook Air, Gate x Inter Milan Football, Futures Voucher, Points, and more amazing prizes!
⏰ Ends on May 4, 16:00 PM (UTC)
Details: https://www.gate.io/announcements/article/44619
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According to news from CoinWorld, data from Glassnode shows that as the price of Bitcoin rises above $90,000, long-term holders (LTHs) are demonstrating strong confidence, with their buying volume surpassing the selling volume of short-term holders. Since January of this year, long-term investors have increased their holdings by 635,340 Bitcoins, bringing their total holdings to 13,755,722 coins. Despite the rebound in Bitcoin's price, there are still 2.6 million Bitcoins in a loss position, reflecting that investors who bought above $95,000 are facing ongoing resistance. Data shows that for every 1 Bitcoin sold by short-term holders, long-term holders are increasing their holdings by 1.38 coins. It is reported that long-term holders typically buy more when the market is weak and sell during strong market conditions.