#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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encryption KOL AB Kuai.Dong: The wave of account bans for encryption users on X platform may be caused by the retrieval of X data through web crawlers and being flagged by the matrix.
BlockBeats news, on June 12, encryption KOL AB Kuai.Dong (@FORAB) analyzed the large-scale account suspension incident on the X platform targeting Crypto users that occurred this morning, stating, "a relatively credible result is that this wave of account suspensions is a crackdown on the crawling data behavior that does not use the official Twitter API. According to previous official quotes, enterprise accounts wanting to retrieve 200 million tweets need to pay over $200,000 per month. For those like gmgn, ai16z, and eliza who do Twitter searching and automatic responses, the request volume should be around 1 billion per month. Some companies, in order to save money, resorted to third-party crawlers and got collectively hit. At the same time, it also implicated those bloggers who previously mentioned gmgn and ai16z multiple times, likely considered as related matrix accounts. This is also why many web3 task platforms have failed to operate; the API costs gradually exceed the platform's revenue. Each time a user completes a Twitter task and goes to verify it, the platform has to pay to request a wave of data."