#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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When seeing projects like Jager that are attractively packaged, many investors impulsively get on board, and once they realize they are at a loss, they are unwilling to timely stop loss. It is important to recognize that coins with a market capitalization of only around 10 million often have serious chip concentration issues, with the dominant party potentially controlling up to 80% of the chips, while the remaining portion effectively becomes a tool for playing people for suckers. Currently, it is still possible to exit at a relatively reasonable price, but as time goes on, liquidity may further deteriorate. It is recommended that investors rationally consider selling early; if they still have confidence in the project, they might wait for it to pull back to the 5 million market capitalization area before considering re-entry. Investing in the crypto market requires a clear mind, and one should be wary of the huge risks brought by high concentration chip layouts.