📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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#Predict BTC's Bull or Bear Trend# #GT# #BTC# #XRP# #ETH# #DOGE#
The approach of the Ethereum price to the $4400 level could lead to short liquidations estimated at $1.24 billion on major centralized exchanges. This move comes following a steady increase driven by institutional transactions, with purchases totaling $4.17 billion recently.
The main market players, including institutional investors and corporate wallets, had a significant impact on the rise in the price of Ethereum. The increase to $4,300, primarily driven by strong institutional demand, represents a notable shift in the market. According to AInvest, "The price of Ethereum exceeded $4,300... driven by institutional purchases of $4.17 billion and ETF inflows of $461 million." #TOKEN OF LOVE