#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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Just talk about the recent market trends.
In one sentence, it's hard to distinguish between oscillation and trend.
At the beginning, when it dropped from 98k to 90k, it was seen as a shake and still long.
I was afraid to further short when it dropped to 84k, fearing that I would be liquidated by adding more positions. However, I later found that there was no continuous drop without any liquidation. I shorted from 85k by following the trend.
Then it fell to 78k, but it returned to 84k overnight, and violently surged back to 95k on Sunday, hitting the stop loss directly. The view has changed back to a wide range trend.
And Monday and today are falling rapidly again, although not breaking the previous low, but the trend is already unclear.
Losses exceeding ten million in this process, very painful
Currently all positions are hedged, so we cannot take action temporarily
And a thousand words may be summed up in one sentence:
How come this old Deng didn't get a headshot last year!