#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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The market is fluctuating and leaning bearish, you can plan a shorting grid for the BTCUSDT contract.
After a significant decline, Bitcoin has experienced two weeks of weak rebounds with decreasing volume, yet it has been unable to touch the 90,000 mark. This indicates that the recent rebounds are mostly due to retail investors buying in out of FOMO, while the majority of institutional funds are still on the sidelines. Under these circumstances, it is highly likely that the rebounds will be difficult to sustain.
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