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5 Crypto Exchanges Custody 1.6 Million Bitcoin or Close to 8% of the Capped Supply

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

As of December 12, around 90% of all the bitcoin that will ever exist is in circulation today, and the top five exchanges hold 1.6 million bitcoin. The bitcoin holdings on Coinbase, Binance, Huobi, Kraken, and Okex combined represent 7.96% of the 21 million bitcoin supply cap. The bitcoin held by Coinbase is a whopping 51% of the 1.6 million bitcoin or $41.6 billion using today’s exchange rates. 5 Exchanges Hold 1.6 Million Bitcoin Worth $81 Billion At the time of writing, 90% of the 21 million bitcoin supply cap…

The post 5 Crypto Exchanges Custody 1.6 Million Bitcoin or Close to 8% of the Capped Supply appeared first on Technology Manias.

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