🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
💰 BTC Open Interest vs Market Capitalization
Open interest in #BTC as a percentage of market capitalization remains below 2% —far from the January peak.
🔥 What does this mean?
During the last two weeks, the price has risen while the open Interest has decreased.
➡️ Pure spot demand.
➡️ Less leverage.
➡️ Organic, healthy movement with a real basis.
This is what makes the difference between a sustainable rally and one manipulated by derivatives.
💡 The fundamentals are aligned. Don't let it catch you sleeping.