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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
Only 170 Hyperliquid Trader Profits Top $10M - Unchained
Only 170 Hyperliquid traders are sitting on more than $10 million of profits, according to an analysis of Hyperliquid wallets by pseudonymous onchain analyst DeFi Mochi
“Most of the traders with 8 figs [profit and losses] only have <200% ROI, suggesting that many of them already had size to begin with,” DeFi Mochi said.
This story is an excerpt from the Unchained Daily newsletter.
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The finding sheds light on the fact that despite Hyperliquid’s reputation as a high-performance decentralized exchange with low-latency trading, outsized gains are not uniformly distributed among its user base.
The total value locked on Hyperliquid’s layer 1 chain has reached $2.01 billion, a 70% increase in the last 30 days, according to DeFi Llama data