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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
92% Bitcoin is in profit, 121,000 USD is the chip concentration area.
On August 1st, according to data from the data platform Block Rhythm, currently only about 7.9% of Bitcoin's circulating supply is in a state of loss, indicating that the current price range of $121,000 is a chip accumulation zone.
If the price further retraces, around $105,000 may become a major support area, where historical buying behavior of about 900,000 BTC was concentrated.