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- #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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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
Will plummet deepen in Bitcoin: Analyst says danger bells are ringing!
Recent data points to deeper declines and increased volatility in Bitcoin (BTC).
Bitcoin focused on a remarkable piece of data. The analyst, who included the number of Bitcoin in the profit on the market, stated that the current data started to ring danger bells.
According to this data, the analyst pointed out that there are Bitcoin positioned in the market with a lot of profit, and argued that the current situation prepares a striking ground for possible selling pressures.
Historically, whenever this data reaches high levels, it is followed by a wave of selling and high volatility, warning investors to be careful:
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