Coinbase Revealed to Hold Nearly 1 Million BTC, Valued at $25 Billion, According to Arkham Analysis

Arkham, a prominent blockchain analytics firm, has revealed the significant Bitcoin (BTC) holdings of the cryptocurrency exchange Coinbase. According to Arkhams findings, Coinbase holds nearly 1 million BTC, valued at approximately $25 billion at current market prices. Delving into the details, Arkhams research indicates that Coinbases BTC holdings represent approximately 5% of the total Bitcoin supply worldwide. To provide context, CoinGecko, a reputable digital currency data aggregator, estimates that there are approximately 19.5 million BTC in circulation globally. Its important to...

source: https://tokenpost.com/Coinbases-Bitcoin-Wallets-Bursting-with-Nearly-a-Million-BTC-Reveals-Arkham-10717

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