Cryptoexchanges store 3.08 million bitcoins. Coinbase leads by a wide margin
According to a study by Larry Chermak of The Block, cryptocurrency exchanges store about 3.08 million bitcoins - 16.5% of the total offer of 21 million.
Coinbase, an American cryptocurrency company, stores 984,300 BTC on its wallets. Coinbase is followed by Huobi (413,000 BTC), Binance (318,000 BTC), OKEx (268,000 BTC) and BitMEX (217,000 BTC).
According to a LongHash study, as of early January 2020, 970,000 BTC were stored on Coinbase, and 966,230 BTC at the beginning of December 2019.
The analysis took into account data from various sources, including bitUniverse, chain. info, Glassnode, BitFury and BitcoinWhosWho.
According to a study by Larry Chermak of The Block, cryptocurrency exchanges store about 3.08 million bitcoins - 16.5% of the total offer of 21 million.
Coinbase, an American cryptocurrency company, stores 984,300 BTC on its wallets. Coinbase is followed by Huobi (413,000 BTC), Binance (318,000 BTC), OKEx (268,000 BTC) and BitMEX (217,000 BTC).
According to a LongHash study, as of early January 2020, 970,000 BTC were stored on Coinbase, and 966,230 BTC at the beginning of December 2019.
The analysis took into account data from various sources, including bitUniverse, chain. info, Glassnode, BitFury and BitcoinWhosWho.