The Token Analyst has reported through its Twitter account that about 7% of all bitcoins circulating supply is stored in 8 crypto wallets belonging to exchanges.
The amount of bitcoins stored in the wallets of the world's most popular trading platforms has been steadily increasing over the past few years.
According to data provided by the analytical resource, which provides real-time data on bitcoin blockchain, around 1.2 million bitcoins are stored in the wallets of 8 popular exchanges, which the resource has called HODLers.
The exchange with the highest number of bitcoins in its wallet is Huobi Group, followed by Binance and BitMEX.
iHodl reported in August that 80% of all Tether tokens are stored in 300 wallet addresses.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.