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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.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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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 latest wealth code is here, please members check it in time, continue to make money on this new day, remember to manage your position well, stability is the key to profit, fighting呀😍 #BTC# #ETH# #GT# #SOL#
Negative News and Crisis of Confidence: Crypto analyst Atlas labeled Pi Network as "the biggest RUG of 2025," accusing it of insider trading. A two-day investigation revealed an oversized dumping of 12 million Tokens, triggering market panic. Additionally, a significant amount of Tokens was sent from the exchange to private Addresses, as on-chain data was exposed, deepening concerns about the transparency and long-term intentions of the core team, leading to a loss of investor confidence and widespread selling of Tokens.
Token Unlocking Pressure: 7.4 million Tokens were unlocked and entered the market, causing a surge in circulating supply, while market demand failed to increase correspondingly, resulting in increased selling pressure and downward pressure on prices.
Project Development Below Expectations: At the Cons 2025 conference, although the founder of Pi Network discussed strategic initiatives, the community remained skeptical of the plans, such as the $100 million venture capital fund plan being deemed unattractive, and the Mainnet launch delay causing investors to worry about the project's prospects, further impacting market sentiment and leading to a fall in coin prices.