📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Ancient Whales significantly sell BTC to switch to ETH, with funds suspected to originate from a controversial trading platform.
On August 22, according to monitoring, the ancient Whale that is significantly dumping BTC and going long on ETH today has its initial funding sourced from a certain platform, which has been criticized multiple times by on-chain detectives.
The ancient Whale has sold 2,970 BTC (approximately $334 million) in the past 24 hours and bought 50,470 ETH spot (approximately $215 million), while going long on 135,263 ETH (approximately $575 million) on Hyperliquid.
According to previous reports, on February 26, 2024, a trading platform's hot wallet recorded an outflow of approximately 56 million USD on February 23. Shortly after this outflow occurred, user withdrawal requests faced processing delays, and the trading platform has yet to issue any official announcements.
On July 20, 2024, the platform announced that it would reopen withdrawal services after a five-month suspension due to an investigation, but trading and deposits would remain paused, and withdrawals would require completing KYC verification.