Gate Research Institute: POWER surges over 110% in 24 hours | Suspected insider betting ZachXBT exposes Axiom Puffy
Gate Research Institute: On February 27, BTC rapidly declined to $62,501 before rebounding. It is now consolidating above $67,000; ETH rebounded from a low near $1,800 and is maintaining a high-level consolidation around $2,020; GT shows a rebound from a low followed by a shock correction pattern; POWER leads the market with a +113.53% increase, while small-cap tokens like DENT and RAVE also surged significantly. Suspected insider trading on Polymarket involved ZachXBT's accusation that Axiom profited over $410,000, drawing attention; Jane Street was accused of "manipulating Bitcoin to drop 10 points" without supporting data, with analysis suggesting that the ETF authorization participation mechanism may be the main reason; Circle's stock price broke through $90, and analysts say it has "significantly decoupled" from the crypto market. Applications like Polymarket are seen as new growth engines for USDC.