#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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The crypto world has recently shown an interesting phenomenon of differentiation. Bitcoin performs similarly to technology stocks, with significant fluctuations and acting as a leading indicator for the market. Although Bitcoin has maintained a sideways state after a week of consolidation, it is worth noting that major mainstream crypto assets have shown signs of activity. In particular, UNI has attracted wise funds in the past month, with its price movement displaying a "three steps forward, one step back" rebound pattern, and the market outlook remains promising.
In addition to the positive signals in the stablecoin sector, there are other developments in the market worth noting. Currently, over a hundred institutions hold a cumulative total of more than 800,000 Bitcoins, a phenomenon that requires vigilance. The concentration of holdings by large institutions may lead to an imbalance in the market's supply and demand structure, which in turn could affect the fluctuation of coin prices. If these companies were to sell off their holdings en masse, it could trigger a sharp decline in coin prices, negatively impacting individual investors.