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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
Consensys-related Whale purchased $320 million ETH and staked $120 million ETH.
Gate News bot news, Arkham stated on social media that a Whale associated with Consensys received $320 million worth of ETH from Galaxy Digital early this morning.
He transferred it to the new address 0x0b2 and staked $120 million worth of ETH at that address through Liquid Collective.
Market experts believe that such large-scale buying operations could be beneficial for Ethereum, as supply and demand dynamics and broader institutional confidence play important roles. Experts also believe that this could be a catalyst for ETH to rise in tandem with other major altcoins.