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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.
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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
Analysis: Three Arrows Capital and Alameda need 3 years to close all positions their WLD shares
BlockBeats news, on September 21st, on-chain data analyst Yu Jin posted on social media, stating that the token shares of WLD investors have been linearly unlocked since the end of July. Two institutions that have gone bankrupt and are also WLD investors are continuing to sell the unlocked WLD. Among them: · Three Arrows Capital acquired 75 million WLD through investment and has been selling the unlocked WLD since the end of July, with a total of 2.538 million WLD sold (approximately $4.06 million). · Alameda acquired 25 million WLD through investment and has been selling WLD once a week since early August, with a total of 1.129 million WLD sold (approximately $1.8 million). Based on the current selling frequency and quantity of these two institutions, it will take them about three years to complete the unlocking and selling of their WLD.