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- #Gate Ranks Top 4 Exchange#
Gate has reached the Top 4 global crypto derivatives exchanges on CoinMarketCap, with a 24-hour trading volume exceeding $15 billion. Enjoy some of the lowest fees in the industry—maker fees as low as 0.015%. Gate is committed to providing users with a more efficient and cost-effective trading experience, making it your top choice for crypto trading!
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💬 What derivatives or other products have you recently traded
- 🎉 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!
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- 🎁 Gate Alpha Airdrop Alert!
To celebrate the listing of $EGL1 on Gate Alpha @GateioAlpha
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Lock-up Position Token holders suffered heavy losses over 12 months, with OTC prices falling by 50% compared to Spot.
According to Gate.io News bot, Taran, the founder of the crypto OTC trader STI, disclosed that lock-up position token holders have suffered significant losses in the past 12 months. Data shows that OTC prices have fallen by an average of 50% compared to spot prices.
During the same period, Bitcoin rose by 45%. Additionally, with the value loss of liquidity, Lock-up Position Token holders bear an extra opportunity cost of 31%.
Taran pointed out that over 40 billion USD worth of Lock-up Position altcoins will be unlocked in the future. Sellers need to bear a 50% discount when exiting through OTC. As the lock-up period for most Tokens ends in 2025, the shortening of the vesting period is leading to a decrease in the extent of discounts.
Source: Wu Shuo