CryptoRank's latest report reveals the top 10 richest Bitcoin wallets, with a Binance cold wallet holding the most Bitcoins valued at $24.33 billion, representing 1.26% of the total Bitcoin supply. The report highlights the concentrated storage pattern but does not disclose the wallet owners. Four of the listed wallets are on centralized exchanges, and two wallets remain unknown. These wallets account for 5.27% of Bitcoin's total supply but do not determine the overall direction of the market. However, their activities can influence market sentiment and the actions of retail investors. Traders are particularly concerned about rumors that the U.S. government may sell off its crypto holdings.
- Content Editor ( coinedition.com )
- 2024-12-07
CryptoRank Lists Top Bitcoin Wallets Holding Over 5% of Total BTC Supply