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Gate.io Launches INIT Perpetual Contract Pre-trading

2025.04.16 13:18:01

On April 16th, according to official information, Gate.io has now initiated pre-market trading of INIT perpetual contracts (settled in USDT), with support for leverage ranging from 1 to 10 times.
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Bitcoin's return rate in November this year is currently at -21.28%, compared to the historical average return rate of 42.49%.

On November 23rd, as per the data from Coinglass, Bitcoin's year-to-date return rate in November currently stands at -21.28%, as opposed to the historical average return rate of +42.49%. It was previously reported that on November 1st. Since 2013, Bitcoin's average return rate in November has been +42.49%, with a median return rate of +8.81%. Over the past 12 years, in November, there have been 8 increases and 4 decreases.

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Analyst: Bitcoin RSI Enters Oversold Zone, Similar Scenarios in the Past Saw Rapid Reversals

On November 23rd, cryptocurrency analyst @ali_charts put out that the Relative Strength Index (RSI) of Bitcoin has entered the extremely oversold zone. In the previous two similar situations, the market witnessed a rapid rebound.

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A whale went long with 2x leverage on 1425 ETH, with a position value of $4 million.

On November 23rd, as monitored by Onchain Lens, a whale deposited 2 million USDC into HyperLiquid and initiated a 2x leveraged long position in ETH. Currently, the position is valued at $4 million, holding 1,425 ETH, and there is a limit sell order set to close at a price of $2,980.

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Coinbase: MON Token Distribution Coming Soon

On November 23rd, Coinbase announced the accomplishment of the MON public sale, having raised $269 million with an oversubscription of 1.43 times. 85,800 users from over 70 countries participated in the public sale, and the distribution of MON tokens is about to commence.

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Uniswap Community Proposes "Uniswap Launch Fee Switch" Sanity Check Proposal

On November 23rd, based on the information on the official website, the Uniswap community has reached a 100% quorum on the "Uniswap Governance Proposal Threshold Check for Uniswap Fee Switch Activation" proposal. After this proposal was passed, a full on-chain vote will be carried out.

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Polymarket forecasts a 32% chance of "Bitcoin Dropping Below $80,000 in November"

On November 23rd, on Polymarket, the probability that "Bitcoin will fall below $80,000 in November" is currently indicated at 32%, and the probability that it will fall below $75,000 is reported at 12%.

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