🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your
The crypto assets market has recently seen significant movements. According to the latest data from the blockchain analysis platform Onchain Lens, a seasoned Bitcoin investor made a large-scale asset adjustment in the past 6 hours. This investor deposited 2,520 Bitcoins (BTC) worth approximately $291.75 million into the Hyperliquid platform and converted them to Ether (ETH).
This move has attracted widespread attention in the market. The investor currently holds an astonishing 153,320 Ethers, with a total value of approximately $724.1 million. This large-scale transfer from BTC to ETH may reflect investors' optimism about the future development prospects of Ethereum.
It is worth noting that such a large-scale asset transfer also highlights an important issue in Crypto Assets trading: transaction costs. In high-leverage trading, the fees for opening and closing positions can account for a significant portion of the trading principal. For example, in the case of 100x leverage, the fees for a single opening and closing position could be close to 10% of the trading principal.
For investors who trade frequently, choosing the right trading platform and strategy to reduce trading costs becomes particularly important. Some trading platforms offer cashback or reduced fees, which can accumulate into a substantial amount over long-term trading and may even be a key factor for investors to maintain resilience amid market fluctuations.
As the price of ETH continues to rise, market expectations for its future performance are also climbing. However, investors should also keep in mind that the high volatility of the crypto assets market means high risk, and they should remain cautious and rational when making investment decisions.