Analysis
Crypto Exchanges Hold 7.3% of Bitcoin’s Circulating Supply
According to Viewbase, currently, 1.53M Bitcoin or about 7.3% of its circulating supply is held on centralized exchanges:
Coinbase – 623k BTC
Binance – 315 BTC
Bitfinex – 190k BTC
Huobi– 107k BTC
Kraken – 102K BTC
OKex – 59k BTC
Other exchanges – 135k BTC
Noteworthy is that Coinbase and Binance hold more BTC than other crypto exchanges combined: 938k BTC vs 593k BTC.
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