📢 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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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
#GT# #BTC# #XRP# #ETH# #DOGE#
The approach of the Ethereum price to the level of 4400 USD may lead to short liquidations estimated at 1.24 billion USD on major centralized exchanges. This move comes after a steady increase driven by institutional transactions, with purchases of 4.17 billion USD recently accumulated.
The main players in the market, including institutional investors and corporate wallets, had a significant impact on the rise in the price of Ethereum. The increase to $4,300, mainly driven by strong institutional demand, represents a notable shift in the market. According to AInvest, "The price of Ethereum surpassed $4,300... driven by institutional purchases of $4.17 billion and ETF inflows of $461 million."