According to The Token Analyst’s Twitter account, which tracks changes in blockchains, about 7% of the total available amount of bitcoins is stored on the wallets of the eight largest cryptocurrency exchanges.
It is the cryptocurrency trading floors that The Token Analyst calls the “largest HODLer.” Researchers reportthat the number of bitcoins on exchange wallets is constantly growing. At the same time, most BTC is stored on Huobi wallets, and Binance and BitMEX compete for the second place in terms of the amount of stored funds.
A study conducted in September by Coin Metrics showed that the number of Bitcoin addresses that store at least 10 BTC has reached 157,000. The researchers also reported that 614,500 wallets store from 1 to 10 BTC, and the addresses where it is from 10 up to 100 BTC, make up 0.5% of the total.
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