Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
The performance of the crypto market in recent months has led many to reevaluate this cycle. Industry insiders have frequently expressed optimism, believing that the market is brewing a new upward phase.
Prominent figures in the crypto space have explicitly stated that a super cycle is upcoming, a judgment that has garnered widespread attention. Meanwhile, well-known Wall Street analysts continue to be optimistic about the performance of crypto assets, consistently supporting this expectation.
What is even more noteworthy are the actual on-chain actions. According to data monitoring platforms, a leading institutional investor recently made a significant move, adding 92,160 ETH in a single staking transaction, valued at approximately $293 million at current prices. To date, this institution's total ETH staking investment has reached 1,436,384 ETH, with a total value exceeding $4.77 billion.
This sustained large-scale staking somewhat reflects the institution's long-term confidence in ETH's value. The synchronization of market sentiment and on-chain behavior often serves as a precursor to trend formation.