Cryptocurrency exchanges maintain round 3.08 million bitcoins on their clients’ behalf, almost 16.5% of the whole provide of 21 million, in response to analysis performed by The Block’s Larry Cermak.
Whereas absolutely the quantity appears to be like giant, the share determine is down by 10% since February 9 when exchanges held round 3.43 million bitcoins, representing almost 19% of the whole provide.
Notably, Coinbase is the biggest bitcoin holder, having round 984,300 BTC in its wallets. Coinbase is adopted by Huobi (413,000 BTC), Binance (318,000 BTC), OKEx (268,000 BTC), and BitMEX (217,000 BTC).
Supply: The Block, bitUniverse, chain.information, Glassnode Peckshield, BitFury, BitcoinWhosWho
The Block analyzed information from totally different sources, together with bitUniverse, chain.information Glassnode, Peckshield, BitFury and BitcoinWhosWho, to seek out essentially the most correct quantity of bitcoins held by crypto exchanges.
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