Pay with

USD

Supports Visa, Mastercard, SEPA & more

Flexible trading, zero fees

Use your crypto for payments worldwide

Basic

Trade crypto freely

Magnify your profit with leverage

Convert & Auto-Invest

Trade any size with no fees and no slippage

Get exposure to leveraged positions simply

Pre-Market Trading

Trade new tokens before listing

Advanced

Trade on-chain with Gate Wallet

Smart access to new on-chain tokens

Smart strategies with automated trading

Follow expert trading strategies

CrossEx Trading

One margin balance, shared across platforms

Access hundreds of perpetual contracts

One platform for global traditional assets

Trade European-style vanilla options

Unified Account

Maximize your capital efficiency

Introduction to Futures Trading

Learn the basics of futures trading

Join events to earn rewards

Use virtual funds to practice risk-free trading

U.S. stock CFD derivatives

High leverage, 24/7 trading

Tokenized Stocks

Backed by real stock assets

Mint GUSD for Treasury RWA yields

Launch

Collect candies to earn airdrops

Quick staking, earn potential new tokens

Hold GT and get massive airdrops for free

Unlock full access to global stock IPOs

Trade on-chain assets and earn airdrops

Earn futures points and claim airdrop rewards

Investment

Earn interest with idle tokens

Auto-invest on a regular basis

Dual Investment

Profit from market volatility

Earn rewards with flexible staking

Pledge one crypto to borrow another

One-stop lending hub

Premium wealth growth plans

Private Wealth Management

Premium asset allocation

Top-tier quant strategies

Stake cryptos to earn in PoS products

No-liquidation leverage

Post, share, and explore crypto trends

Live crypto market analysis

Chat with crypto traders

What is happening in crypto

More

Promotions

Activity Center

Participate in activities to earn rewards

Invite friends to earn referral rewards

Affiliate Program

Earn exclusive commission rewards

Grow influence and earn airdrops

Real-time platform updates

Crypto industry articles

Huge fee discounts

Asset Management

One‑stop asset management solution

Enterprise digital asset solutions

Developers (API)

Connects to the Gate application ecosystem

OTC Bank Transfer

Deposit and withdraw fiat

Generous API rebate mechanisms

AI

Your all-in-one conversational AI partner

Use Gate AI directly in your social App

Gate Blue Lobster, ready to go

Gate for AI Agent

AI infrastructure, Gate MCP, Skills, and CLI

Gate Skills Hub

From office tasks to trading, the all-in-one skill hub makes AI even more useful.

Smartly choose from 40+ AI models, with 0% extra fees

Others

Find FAQs and help guides

Learn about crypto investing

Grow with the champions

Proof of Reserves

Gate promises 100% proof of reserves

Keep your assets secure

Abraxas Capital Sells 1,000 BTC Overnight, Withdraws $52.72M in Stablecoins from Kraken

2026-06-03 00:35:44

BTC-6.2%

According to on-chain analyst Yujin, Abraxas Capital sold 1,000 BTC (valued at approximately $67.49 million) yesterday evening (June 2), contributing to the decline. Seven hours prior, the asset manager transferred the 1,000 BTC to Kraken before subsequently withdrawing $52.72 million in stablecoins (USDC and USDT) from the exchange.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

Related News

BTC drops 0.52% in 15 minutes: Strategy’s first-time token sales combined with net outflows from the ETF in sync

BTC drops sharply in 15 minutes by 0.64%: institutional selling and ETF fund outflows resonate, putting short-term pressure on the market

BTC drops sharply in 15 minutes by 0.55%: Strategy’s token selling triggers panic, and leverage liquidations intensify short-term selling pressure

Mt. Gox-Linked Address Transfers $739M Worth of Bitcoin After Six Months of Silence

Bitcoin Flash Crashes Below $70K, Triggers $766M Liquidations on June 2

In-Depth Analysis

Bitcoin Drops Below $70,000 for First Time Since April: Swissblock and Santiment Analyze Market Risks

Daniel Carter4h ago

Mt. Gox-Linked Address Transfers $739M in Bitcoin After Six Months

Ethan Brooks9h ago

Strategy BTC sold for the first time in three years: $70,000 falls—what is the market panicking about?

Gate Instant Trends13h ago

Comment

0/400

No comments