Binance Overtakes Coinbase: The Exchange Has The Most Bitcoin (BTC) Supply

The world’s leading cryptocurrency exchange, Binance, surpassed Coinbase, one of the largest cryptocurrency exchanges in the USA, to become the stock market with the most Bitcoin (BTC).

crypto analyst Will Clemente by 18 July via Twitter on sharedon-chain data and analytics platform glassnodeAccording to data from Binancelong-time leadership coinbaseamong cryptocurrency exchanges The stock market with the most BTC in terms of supply it happened.

According to the data coinbase‘of 2020 in the year 1 million which he holds on the platform cruising above BTC amountdecreased towards the end of the year. Coinbase has approximately the same amount of BTC it has in two years. 450,000 BTCsuffered a loss of . 600,000 BTCfell below. The reason for this loss is that users transfer their Bitcoins to wallets that are not related to Coinbase.

balance in the same period 300,000 BTCexperiencing an increase in BinanceFor the first time since its establishment, the amount of BTC held by . 600,000 BTC crossed the threshold and Stock exchange holding the most BTC in the ranking to first place rose.

According to CoinMarketCap data, in the last 24-hour period to 8% Bitcoin, which is experiencing a close rise, at the time of writing at $23,800 is being traded.


source site-9