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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
The 1inch team sold the last 55.38 WBTC they held, converting it into 5.5 million USDC.
PANews, May 8 - According to on-chain analyst Yu Jin's monitoring, as the BTC price once again approaches the $100,000 mark, the 1inch team's investment fund sold the last 55.38 WBTC for $99,283, converting it into 5.5 million USDC just 20 minutes ago. Thus, the 1inch team investment fund has sold all 160.8 WBTC purchased at an average price of 88,395 USD between 2/2 and 3/10. The selling average price was 94,219 USD, generating a profit of 936,000 USD.