Coinbase is the largest bitcoin holder among exchanges, followed by Huobi and Binance

Source: The Block 2020-06-02

Cryptocurrency exchanges hold around 3.08 million bitcoins on their customers’ behalf, nearly 16.5% of the total supply of 21 million, according to research conducted by The Block’s Larry Cermak.

While the absolute amount looks large, the percentage figure is down by 10% since February 9 when exchanges held around 3.43 million bitcoins, representing nearly 19% of the total supply.

Notably, Coinbase is the largest bitcoin holder, having around 984,300 BTC in its wallets. Coinbase is followed by Huobi (413,000 BTC), Binance (318,000 BTC), OKEx (268,000 BTC), and BitMEX (217,000 BTC).

Bitcoin

Coinbase

currency trading

Binance

Cryptocurrency

Coinbase is the largest bitcoin holder among exchanges, followed by Huobi and Binance

Subscribe to Our Newsletter!

Subscribe to Our Newsletter!