Despite the recent decline, exchanges still hold more than 16% of all bitcoins

Quick Take

  • Exchanges hold roughly 3.08 million BTC on behalf of customers, which is 16.5% of all available bitcoins
  • The amount is down by 10% since February 9 when exchanges held as much as 3.43 million BTC (nearly 19% of the available supply)
  • Coinbase holds by far the most  of all exchanges – 984.3k BTC, which is 5.4% of all BTC in circulation

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Despite the recent decline, exchanges still hold more than 16% of all bitcoins written by Larry Cermak @ https://www.theblockcrypto.com/genesis/66974/despite-the-recent-decline-exchanges-still-hold-more-than-16-of-all-bitcoins?utm_source=rss&utm_medium=rss June 1, 2020 Larry Cermak

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