🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Recent data shows that the strategic reserves of Ethereum (ETH) have exceeded the $5.5 billion mark, involving 53 different entities. This astonishing figure has sparked widespread discussion both within and outside the crypto world.
Some observers believe that this may be the result of certain institutions anticipating relevant policies and making early arrangements. Others speculate that this might just be a short-term speculative behavior, where profits will be quickly withdrawn once realized.
Faced with such a large influx of funds, many people are starting to think: is the large-scale popularization of crypto assets really about to arrive? However, investors who have experienced the drop of Ethereum from $3400 to $1300 are cautious about this.
Currently, the price of Ethereum has seen a slight increase, and some optimists have begun to envision a target price of ten thousand dollars. However, there are also rational voices reminding us not to forget the inflationary nature of Ethereum, as each price increase could attract new investors to enter the market.
In any case, the significant increase in Ethereum reserves during this round has undoubtedly injected new vitality into the crypto assets market. However, investors must remain clear-headed and weigh the potential opportunities against the risks.