CandleFocus

? Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts

In this news content, it is revealed that centralized crypto exchanges are holding a significant amount of bitcoin, with the current level being the highest since November 2018. The accumulation of bitcoin has also increased across various entities such as ETFs, governments, and corporations since 2020. The article then goes on to provide an analysis of the top ten entities holding the most bitcoin, with Coinbase being the largest holder, followed by Binance and Bitfinex. Other entities include Blackrock, Microstrategy, Kraken, Grayscale's GBTC, the U.S. government, Fidelity, and the WBTC project. The distribution of bitcoin among these entities highlights the growing institutional interest in the asset and the shift towards larger, consolidated holdings. The article also emphasizes the importance of non-custodial wallet solutions to maintain control over one's digital assets and avoid potential losses in the event of a major exchange hack.

Related News