Coinbase is the World’s Largest Bitcoin Owner: Here is its Billion Reserve Equivalent to Satoshi!

It was revealed that Coinbase, the largest cryptocurrency exchange in the USA, owns almost 5% of the total Bitcoin (BTC) supply.

Data provided by on-chain analysis platform Arkham Intelligence shows Coinbase’s approx. $25.2 billion worth to 947,555 BTC He showed what he had. This amount is almost equal to the total Bitcoin supply. to 5% It corresponds. This makes Coinbase currently defined largest Bitcoin wallet determined as.

Also the number Coinbase holds Satoshi Nakamoto, creator of BitcoinIt is slightly below the amount owned by . Satoshi Nakamoto’s estimate is approx. $28.5 billion worth to 1.1 million BTC It is estimated that he has.

Coinbase 25 billion dollars The vast majority of their Bitcoins customer assets It creates. This 947,555 BTC, From over 36 million Coinbase addresses stems from. Coinbase in one cold wallet with this 10,000 BTC hiding.

Arkham, Coinbase He stated that there are still unidentified wallets and their analysis is continuing. Moreover latest balance sheet reports based on stock exchange There may be more Bitcoin is considered.

According to the data, Coinbase’s other assets other than Bitcoin are:

  • $2.7 billion worth 1.69 million Ethereum (ETH)
  • $483 million worth 69 million Chainlink (LINK)
  • $236 million worth USD Coin (USDC)
  • $194 million worth 921 onen BNB It was stated as (BNB).

source site-9