#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 market is currently dominated by short positions. Based on the current Bitcoin price around $105,800, if the market rises again to around $107,800, the total amount of short positions that could be liquidated is expected to be approximately $1.28 billion. Conversely, if the market falls to around $103,800, the total amount of long positions that could be liquidated is expected to be approximately $1.35 billion.
From the Bitcoin ETF institutions, it can be seen that, apart from BlackRock's fund inflow of 125 million USD yesterday, other institutions experienced outflows, with an overall net fund outflow of 347 million USD yesterday.
Market Opinion:
Market direction: Generally bearish in the short term. From the current market trend, it is not difficult to see that the market has started to move downwards. What we need to pay attention to is where the market will stop falling. Ethereum has also been affected and has dropped somewhat. However, from Ethereum's trend, it appears to be relatively strong. I personally believe that when the market rebounds, Ethereum will have the opportunity to continue rising. For most altcoins, there will be an overall decline, especially in the meme and AI sectors. At the same time, market sentiment has also begun to decline, with more people remaining cautious and waiting to see how the market will move next.
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