Research: 5 Exchanges Hold More Than 10% of All Bitcoins
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About 10.6% of the volume of Bitcoins in circulation is stored in the wallets of the main crypto exchanges, according to the data provided by

Per the resource, Coinbase, Huobi, Binance, OKEx and Kraken hold more than 1.96 million BTCs. The exchange with the highest proportion is Coinbase with 944,904 BTCs stored in 4.39 million addresses. The value of these assets currently exceeds $11B.

Coinbase is the platform with the largest number of BTCs stored due in part to its professional digital asset storage service. As of December 2019, the number of Bitcoins in Coinbase's wallets stood at 966,230, however, the price of the crypto has grown significantly since then.

The second place is held by Huobi with 323,665 BTCs stored in 901,600 different addresses, followed by Binance with 289,961 BTCs and 2.7 million addresses. OKEx, on the other hand, has 276,184 BTCs in 339,000 wallets, while Kraken has 126,510 BTCs stored in 672,000 wallets. The next on the list are Bitflyer, Bittrex, Bitfinex, Poloniex, Coincheck, and Bitstamp, which together have 210,000 BTCs in total.

However, the real share of Bitcoins stored in exchanges could be significantly higher. Analysis company Chainalysis has previously estimated the number of lost Bitcoins amounts to up to 3.7 million, which means that based on the total volume of available coins, Bitcoins traded at exchanges could amount to as much as 15%.

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