[MGBX Launches 'Bull vs. Bear Trend Showdown' Contract Trading Event with a Total Prize Pool of 9,000 USDT] BlockBeats News, December 3: The MGBX platform will host the 'Bull vs. Bear Trend Showdown' event from December 4 to December 10, 2025 (SGT), open to all users. The event will determine the outcome of the bull and bear trends based on the overall price movement of the BTC/USDT perpetual contract during the event period, with corresponding rewards distributed across three categories: trend-following, counter-trend, and trading volume. The total prize pool is 9,000 USDT. The trend-following group will share 3,000 USDT based on profit rate rankings, the counter-trend group will share 1,000 USDT based on profit rate rankings, and an additional 5,000 USDT will be distributed based on cumulative trading volume rankings.