💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
Currently, the price fluctuation of Bitcoin is still mainly dominated by trades on Centralized Exchanges.
[Currently, the price fluctuation of Bitcoin is still mainly dominated by the trading of Centralized Exchanges] According to a chart released by @AxelAdlerJr, the 7-day average trading volume of Centralized Exchanges is about 15.8 billion dollars per day, while the figure for Spot ETFs is 1.7 billion dollars per day, resulting in a ratio of 9.2, which means that the trading volume of ETFs accounts for nearly 10% of the total trading volume. Currently, the price fluctuation of Bitcoin is still primarily dominated by trades on Centralized Exchanges — with their trading volume being nearly 10 times that of Spot ETFs. Although the inflow of funds into ETFs has enhanced market liquidity and has supported trend stability, it has not yet become the core factor driving the price movement of Bitcoin.