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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
One week token unlock: SUI unlocks tokens worth 150 million USD.
This week, only the ENA unlocking ratio is relatively high, while the unlocking ratios of other tokens are all below 2%, among which the unlocking amount of SUI reaches 150 million dollars.
Ethena
Project Twitter:
Project official website:
Number of tokens unlocked this time: 210 million
This unlock amount: approximately 64.37 million USD
The algorithmic stablecoin USDe launched by Ethena Labs currently relies on collateral such as BTC, stETH, and its inherent yields, while creating short positions in Bitcoin and ETH to balance Delta and utilize perpetual/futures funding rates to maintain its peg and provide returns. In other words, it uses the yields from spot to hedge the losses from a one-time short position to achieve balance, while still being able to earn ETH staking rewards and short funding rates.
The specific release curve is as follows:
Mocaverse
Project Twitter:
Official website:
The number of tokens unlocked this time: 44.29 million
The amount unlocked this time: approximately 3.41 million USD
Mocaverse is a metaverse product under Animoca Brands that is building Web3 native tools to enhance the capabilities of products in the gaming, culture, and entertainment verticals, allowing users to create their own digital identities, accumulate reputations, earn and spend loyalty points, and use their digital identities to access the Mocaverse ecosystem supported by over 450 portfolio companies and partner networks of Animoca Brands.
The specific release curve is as follows:
Sui
Project Twitter:
Project official website:
The number of tokens unlocked this time: 47.34 million pieces
Unlock amount this time: approximately 150 million USD
Sui is the earliest project in the Meta ecosystem public chain, developed by the Mysten Labs team. Sui aims to create an environmentally friendly, low-cost, high-throughput, and low-latency permissionless blockchain. Compared to traditional blockchains, the most critical innovation of Sui lies in its data model and transaction processing channel.
The specific release curve is as follows: