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- #Gate Ranks Top 4 Exchange#
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- 🎉 CandyDrop 5.0: 5 BTC Mega Airdrop is here!
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- Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
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- 📢 $MORE is launching on Gate Alpha!
Users will be able to trade Moonveil ( $MORE ) directly via Gate Alpha — Gate's one-stop on-chain trading portal.
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Bedrock official LP large-scale operation: Invest 50 million BR to provide Liquidity, earn transaction fees from stablecoin price.
On June 25, according to on-chain analysts, one of the suspected main addresses of the Bedrock official LP, 0x9bd, has net invested 50 million BR (approximately 4 million USD) since June 19 for providing Liquidity. The operation mainly follows the method of "receiving tokens, selling part of BR for USDT, forming bilateral Liquidity, and buying back when the coin price is slightly lower," with the primary goal of stabilizing the coin price to facilitate users in "wash trading" and earn transaction fees.
· Sold 41.436 million Tokens on-chain at an average price of 0.07959 USD 5 hours ago, worth 3.298 million USD (there had also been buying activities before, with the purpose of stabilizing the stablecoin price)
· Subsequently added 9.27 million BR and 3.427 million USDT of bilateral Liquidity to a certain DEX, currently earning $5,412 in fees over five hours (0.01% fee tier)