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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
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It was Launched to the Market with Great Excitement: Developers Are Alleged to Have Made a Big Dump in This Altcoin
The world of crypto currency is witnessing unexpected developments with each passing day, with different altcoins and related news.
The Pudgy Penguin Multisig wallet, which is believed to belong to the developers, has sold 88 million PENGU tokens according to onchain data, with a total value of approximately $2.3 billion, since its launch today. In addition, some more tokens have been transferred to centralized cryptocurrency exchanges by this wallet. The total amount sold seems to be equivalent to $3.5 million.
The wallet in question provided access to PENGU tokens at a very early stage. However, it is not confirmed that this wallet belongs to the developers and it may also belong to a market maker company in a similar way. Definite information about the subject will come in the coming days.
However, there is also activity in some wallets that are considered to be associated with the PENGU project or early investors. According to data, 176 million PENGU tokens, which make up 20% of the total tokens held in early wallets, have been sold so far. The value of the remaining tokens is approximately $37.71 million.