Dunamu Get $1.87B Crypto Assets Wit 16,879 BTC
Dunamu, di operator for South Korea Upbit exchange, talk say dem get crypto assets wey worth 2.6 trillion won (~$1.87 billion) by end of first half 2025. Di portfolio get 16,879 BTC (~$1.8 billion), 10,575 ETH (~$25.4 million) and 10.18 million USDT. Dis digital reserves, wey dem mainly collect from trading fees, show say Upbit dey control di market well well plus get strong way to make money. When dem release their crypto asset info, e help make transparancy clear and fit make regulators happy, plus e fit make investors trust dem more and bring better market liquidity. How Dunamu dey manage their crypto assets fit affect price movement for Korea tori wey dey always change for crypto market. As market dey get more wahala and competition dey increase, dis kind transparency na necessary to check if exchange get strong financial waka and for traders make better decision.
Bullish
Dunamu show wetin dem get for crypto asset wey reach $1.87 billion fit make market ginger enter bullish mode. If big exchange open up like this, e go make investors trust dem well well and e go reduce di wahala wey people dey fear say counterparty fit do. Na like how Coinbase reserve reports make people sure for US markets, Upbit own open way fit bring more money enter market, make trading dey steady and e fit attract institutions. For short time, traders fit dey buy more as dem get confidence back, wey go fit raise Bitcoin and Ethereum price dem. For long term, this kain disclosure dey help comply with regulation and e go make institutions dey more ready to join for Asia market. Overall, when big exchanges show open reserve reports, e mean say market strong and e dey promote make market grow steady.