📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Sure enough, BMNR disclosed the data tonight, and taking advantage of this ETH pullback, the purchases accelerated!!
Increased from 1.15 million to 1.52 million over the past week, which means approximately 370,000 ETH were bought from the market, worth about 1.58 billion USD.
The old ETH whales, profit-seeking institutions, and early miners from the East are exiting, while the representatives from Wall Street in the West, such as MicroStrategy and other institutions, are continuously purchasing in the market.
Currently, about 5% to 6% of ETH is held by institutional listed companies, compared to 12% of Bitcoin, which is still too low.
It is now comparable to the moment before last year's Bitcoin was transformed by institutions. If you don't know how exaggerated this accelerated buying is, you can take a look at the chart below.