5 crypto exchanges keep 1.6 million Bitcoin or almost 8% of the limited offer-Exchanges

5 crypto exchanges keep 1.6 million Bitcoin or almost 8% of the limited offer-Exchanges

On December 12th, around 90 % of all Bitcoins ever existing are in circulation, and the five largest stock exchanges hold 1.6 million Bitcoin. The Bitcoin stocks on Coinbase, Binance, Huobi, Kraken and Okex compose 7.96% of the 21 million Bitcoin range of offers. The Bitcoin held by Coinbase makes a whopping 51% of the 1.6 million Bitcoin or $ 41.6 billion to today's exchange rates.

5 stock exchanges hold 1.6 million Bitcoin worth $ 81 billion $

At the time of the letter, 90% of the 21 million Bitcoin supply limit was mined. Currently there are 18,899,800 btc that has been dismantled so far and 19 million bitcoins will be mined.

We also know that a decent bruch by bitcoin has been lost and Satoshi nakamoto could have broken down btc before you leave the Bitcoin community. A Learn by Coin November 19, 2019 show that the assumed amount of lost coins with a block height of 600,000 about 1.5 million fraud.

The circulating offer of Bitcoin is now 90% of the maximum number of bitcoins that will ever exist.

Today, five stock exchanges hold 1,673,460 Bitcoin or $ 81.6 billion worth today's USD exchange rate. The five exchanges are coinbase, Binance, Huobi, Kraken and Okex and they all also hold a considerable amount of Ethereum. Coinbase takes 853.530 Btc according to metrics by bituniverse, peckshield and chain.die info.

The company's ether holdings are not disclosed, but in terms of Bitcoin, Coinbase holds 51% of the unit, which is held on the five most important stock exchanges. Binance holds 290.080 BTC or 14.1 billion US dollars and Binance also has a stock of 14.2 Billions of US dollars. In addition, Binance has 1.24 billion tether ( usdt ) also in reserves.

top 10 exchanges are kept 7% of the crypto economy of $ 2.3 trillion $

huobi has 160.950 btc today 2,13 million ether and 747 million usdt as well. Metrics show that octopus 102,900. has btc in reserves and 2.27 million ethereum. Finally, the fifth largest digital currency exchange in relation to btc reserves, OKEX, but only 248.840 Ethereum.

Top Ten exchanges regarding crypto-asset reserves on December 13, 2021.

Auf Okex follows Geminis 116,000 btc and 1.15 million ether and 195.550. by bitfinex btc and 353.660 ether in reserves. This exchanges follows Bittrex (48.110 btc and 301.370 ether), bitmex (111.650 btc ) and bitflyer (75.030 btc ). Between the five best crypto exchanges are $ 132.36 billion on these platforms in terms of reserves.

The sum of all reserves that are held on the top ten exchanges is around $ 165.89 billion. From a certain point of view, there is more crypto value on the top ten exchanges than the entire StableCoin economy of $ 162.6 billion. In fact, the funds that are held on the top ten crypto trading platforms represent around 7.07% of the crypto economy of $ 2.343 trillion.

What do you think of the height of the crypto value that is held on centralized cryptocurrency exchanges today? Let us know your opinion on this topic in the comments below.

Jamie Redman

Jamie Redman is News Lead at Bitcoin.com News and a Finanztech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 4,900 articles for Bitcoin.com news about the disruptive protocols that arise today.


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