DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Bitcoin Cryptonews

This Exchange Holds 5% of All Bitcoin Ever Made

Coinbase holds nearly 1 million Bitcoin (BTC) in its wallets, accounting for approximately 5% of the total existing BTC supply. Blockchain intelligence platform Arkham has identified Coinbase as the largest Bitcoin entit...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

This Exchange Holds 5% of All Bitcoin Ever Made
Coinbase holds nearly 1 million Bitcoin (BTC) in its wallets, accounting for approximately 5% of the total existing BTC supply. 
Blockchain intelligence platform Arkham has identified Coinbase as the largest Bitcoin entity in the world, holding a total of 947,755 BTC (worth over $25 billion).
"This makes Coinbase the largest Bitcoin entity in the world on Arkham, with almost 5% of all BTC in existence - about as much as Satoshi Nakamoto," the platform said in a recent tweet. ...
Read More: This Exchange Holds 5% of All Bitcoin Ever Made

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context