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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.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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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
A Whale made over 3 million dollars in profit from a swing trade of 30,000 ETH over 4 days.
According to Gate News bot, on-chain analyst Yu Jin monitored that a Whale/institution sold 30,000 ETH through Wintermute OTC 4 days ago and bought back the same 30,000 ETH 6 hours ago, performing a swing trading on ETH and earning 3.24 million USD. The specific operations are as follows:
◎5/22 They sold 30,000 ETH through Wintermute OTC, making a profit of 23.73 million USD (+43%), with a selling price of 2,621 USD;
◎Today, they repurchased 30,000 ETH for 75.39 million USDC through Wintermute, at an average price of $2,513. The repurchase price is $108 cheaper than the price they sold it for a few days ago, resulting in a profit of $3.24 million.