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CryptoRank Finds Crypto Wallets With the Largest Amount of Bitcoin

CryptoRank Finds Crypto Wallets With the Largest Amount of Bitcoin

HappyCoinNewsHappyCoinNews2024/12/08 21:33
By:HappyCoinNews

In the latest report, analysts from CryptoRank named the “fattest” Bitcoin -wallets.

We present the ranking of the richest Bitcoin -wallets. Our analysis showed that thousands of coins are stored in centralized wallets, the report says.

So, the largest number of bitcoins (248 BTC) are in a cold wallet Binance . This is 1,26% of the entire supply of the flagship cryptocurrency, the value of assets exceeds $24,33 billion.

Another cold wallet Binance , discovered by CryptoRank, is ranked fourth and holds 102,552 BTC. That's 0,52% of the total Bitcoin supply, which is currently valued at $10,03 billion. Crypto wallets on centralized exchanges are in second and third place. Bitfinex and Robinhood.

According to CryptoRank, the top ten richest Bitcoin -wallets account for 5,27% of the total volume of the flagship asset. At the same time, two addresses store BTC seized by the US government after the hack of the Mt. Gox exchange. Another wallet contains reserves Tether in bitcoins.

Traders often monitor the activity of wallets that hold significant amounts of BTC, as the movement of a large number of assets can affect the cryptocurrency's rate. For example, many market participants are currently concerned about rumors that the Biden administration is planning to sell digital assets from US government wallets.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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