🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your
#GUN# now everyone to the moon!!! ah but yesterday everyone said it was a scam and that it would go to 0.01
There is a concept in on-chain data called realized market capitalization. It works as follows: when BTC enters a Blockchain Wallet, it is considered a "buy," and when it leaves, it is considered a "sell." Using this idea, one can estimate the average cost basis of each wallet, multiplying it by the number of BTC held to arrive at the total realized market capitalization, which is typically seen as the total capital that has entered the Bitcoin market through actual on-chain activity, while the market capitalization is based on the latest trading prices on exchanges.
When selling pressure is low, even small purchases can push prices up, thereby increasing market capitalization. Strategy capitalized on this by issuing convertible bonds and using the proceeds to purchase Bitcoin.