5 Percent Of Total Bitcoin Supply Is Held On These Exchanges

in LeoFinance4 years ago

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The Bitcoin supply is held in the five largest crypto exchanges, according to the latest data. The data show that crypto investors prefer minimal risk exchanges more.

According to the news shared by Cointelegraph, the Bitcoin supply is located on the top five major crypto exchanges. In the news, it was emphasized that many users prefer to trade in the most known and trusted exchanges and accept the risks brought by these exchanges.

Which Exchanges Are Bitcoin Most Popular? According to the data provided by Chain.info, 10.6% of the total Bitcoin (BTC) supply is held on the following exchanges:

Coinbase: 944,904.29
BTCHuobi: 323,665.77
BTCBinance: 289,961.93
BTCOKEx: 276,184.57
BTCKraken: 126,509.71 BTC

In the light of the above data, we can say that roughly more than 1.96 million Bitcoins are found in these exchanges. It is claimed that the reliable cryptocurrency storage service offered by Coinbase is the biggest attractor to users. For this reason, Coinbase exchange, which has a total of 4.39 million different wallet addresses, also has the highest BTC supply. The second-ranked Huobi exchange is followed by Binance, which holds 901,600 different wallet addresses. OKEx exchange comes in fourth with 289,961.93 BTC spread over 2.7 million addresses on the Binance exchange. The BTC supply in OKEx is spread over 339,000 different wallets in total. The fifth on the list is Kraken, which has 126,509.71 BTC scattered across 672,000 different wallets.

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