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- December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150– - 🔥 Gate Square Event: #GateNewbieVillageEpisode10
👤 Featured Creator: @CHAITHU
💬 Trading Quote: The market doesn’t reward emotions, only patience and discipline.
Charts move — but discipline holds.
Share a moment where patience paid off, or emotions cost you a lesson.
A real story > a perfect result.
⏰ Event Duration: Dec 4 04:00 – Dec 11 16:00 UTC
How to Join
1️⃣ Follow Gate_Square
2️⃣ Post with the hashtag #GateNewbieVillageEpisode10
3️⃣ Share your reflections — strategy, mindset, discipline
Authenticity boosts visibility and your chance to win.
🎁 Rewards
3 lucky participants will recei
Data: The BTC balance on exchanges is down to just 2.936 million, hitting a new low for this cycle.
On December 9, on-chain data analyst Murphy stated that the BTC balance on exchanges has dropped to only 2.936 million, hitting a new low for the current cycle. More BTC is being withdrawn to on-chain reserves rather than being deposited to exchanges for selling. The last time exchange balances were this low was on December 17, 2022, after the FTX collapse. The BTC balance on CEX platforms has a clear short-term impact on price; since the beginning of 2024, there have been four rapid increases in balance, all corresponding to periods of BTC price weakness. Recently, the BTC balance on CEX platforms has continued to decline, providing preconditions for a rebound. On-chain data shows that whale groups holding over $1 million and $10 million have acted in unison, mainly withdrawing BTC to on-chain wallets, while retail investors (under $100,000) tend to deposit BTC to exchanges. Analysts believe that the rebound after BTC stopped falling at $80,000 is not yet over.