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Bitcoin has been stuck at 118,000 for several days, probably due to Large Investors holding it down and still accumulating.
Public company Volcon increased its holdings by 316.8 Bitcoins, with total holdings surpassing 3500 coins.
On July 28, according to investing reports, American electric vehicle company Volcon (stock code: VLCN) announced that since its last update on July 25, the company has purchased an additional 316.8 Bitcoins for $37.3 million. Currently, the company holds 3,500.18 Bitcoins, with a total purchase price of approximately $412 million, and an average purchase price of $117,683 per Bitcoin. Volcon has also sold more short-term put options, which grant it the right to purchase more Bitcoins at an exercise price between $115,000 and $118,000. $BNB
{future}(BNBUSDT)