#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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Data Analysis:
According to the current liquidation map, the overall market is predominantly bullish. Based on the current Bitcoin price of $107,200, if the Bitcoin price falls to $105,000, it is expected that approximately $1.54 billion of long positions could be liquidated. Conversely, if it rises again to around $109,400, it is expected that approximately $1.8 billion of short positions could be liquidated.
Market Opinion:
Market direction: Continuing bullish. The market is still on the rise, and according to the recent market trend, it is getting closer to $110,000. Moreover, based on the recent capital movements of institutions, most institutions are experiencing capital inflows, especially BlackRock, which has seen the most capital influx. This indicates that the overall market maintains an upward trend, while the strength of the pullback remains limited, stimulating Ethereum and most altcoins to rebound and rise again.
I personally believe that this week there is still a chance for the market to break through the historical high, so I suggest buying on dips. Additionally, everyone can pay more attention to the news about Trump's dinner plans for large holders of trump coins; who knows, there might be a strong upward momentum for trump as well?
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