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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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1️⃣ Post with the hashtag #Gate Square Mid Autumn Creator Incentive# .
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📅 Ends at 16:00, Sep 17 (UTC)
Analysis: Current market investors are taking a cautious wait-and-see attitude, and future trends can refer to the direction of the Whale group.
On September 16, on-chain data analyst Murphy stated that since September 11, all on-chain coin-holding groups have been almost in a "neutral state," with neither rapid distribution nor large accumulation. During the period from August 29 to September 9, the Whale group holding 1k-10k BTC still maintained a certain level of accumulation, but now they are gradually slowing down. This neutral behavioral representation also indicates that the current market sentiment is between optimism and anxiety, with more investors still adopting a cautious wait-and-see attitude. Historically, similar data often appears when market conditions are at turning points. In light of the situations in January and April this year, it is advisable to refer to the behavior of the Whale group to gauge the subsequent trends in the crypto market.