New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Recent on-chain monitoring data has revealed several noteworthy market trends.
First is a massive USDT transfer — an HTX address transferred $400 million worth of USDT to Aave. Such large stablecoin movements often reflect strategic adjustments by institutions or major holders. At the same time, another noteworthy piece of news emerged from the blockchain: Sun Yuchen, a key figure in the Tron ecosystem, withdrew funds from a decentralized perpetual contract exchange and spent $33 million to purchase LIT tokens, acquiring 13.25 million tokens in one go. According to current data, this position accounts for 5.32% of LIT's circulating supply, equivalent to 1.33% of the total supply. Interestingly, he also participated in LIT's layout at the end of last year, exchanging 5.2 million USDC for 1.66 million tokens. Currently, LIT's trading price is around $2.58, with a recent decline of 5.72%.
From a security perspective, risks in the crypto market still exist. According to data, there were 26 major hacking incidents last month, causing approximately $76 million in losses. Compared to $194.27 million in November, this represents a decrease of over 60%, which is somewhat positive. Industry voices believe that as market maturity increases and institutional participation grows, cryptocurrencies are expected to accelerate their integration into mainstream financial systems this year.