Gate Sees $63.87 Million Net Capital Inflow in 24 Hours, Ranking Second Globally According to DefiLlama
Main Idea
Gate exchange recorded a net capital inflow of $63.87 million in 24 hours on August 4th, ranking second globally, indicating strong investor confidence and market presence.
Key Points
1. Gate's $63.87 million net capital inflow on August 4th was the second-highest globally, as per Defillama data.
2. The inflow reflects growing trust among crypto traders and highlights Gate's expanding liquidity.
3. Gate's performance was surpassed only by the top exchange, which recorded $75.12 million in net capital inflow.
4. Analysts from COINOTAG note that Gate's rising capital inflow signifies its competitive position in the crypto exchange market.
5. A high net capital inflow indicates more funds entering Gate than leaving, which is crucial for market dynamics and investor confidence.
Description
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