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Revealed: The Quantities of Altcoins Owned by Binance (BNB), Coinbase (COIN), Bybit and OKX – A Comprehensive Crypto Analysis

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(06:11 AM UTC)
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  • Major crypto exchanges hold significant amounts of Bitcoin and altcoins, with recent reports revealing the exact quantities.
  • Crypto analysis firm Arkham recently announced the reserves held by major centralized exchanges.
  • The report provides a detailed breakdown of the assets held by each exchange.

Discover how much Bitcoin and altcoins are held by major crypto exchanges, as revealed in a recent report by crypto analysis firm Arkham.

Binance

As the world’s largest crypto exchange by trading volume, Binance holds an astounding total asset value of $209.35 billion. The distribution of these assets is as follows:

  • BNB: $96.90 billion
  • BTC: $40.56 billion
  • USDT: $27.26 billion
  • ETH: $13.72 billion
  • FDUSD: $3.60 billion
  • USDC: $2.50 billion
  • WBETH: $2.26 billion
  • SHIB: $1.74 billion
  • PEPE: $969.15 million
  • LINK: $863.28 million

Coinbase

Renowned US-based crypto exchange Coinbase holds a total asset value of $80.46 billion. The distribution of these assets is as follows:

  • BTC: $56.67 billion
  • ETH: $21.09 billion
  • LINK: $1.10 billion
  • BNB: $540.01 million
  • USDC: $324.87 million
  • GRT: $288.67 million

OKX

Another major name in the crypto exchange market, OKX, holds a total asset value of $34.73 billion. The distribution of these assets is as follows:

  • OKB: $14.12 billion
  • BTC: $8.09 billion
  • USDT: $6.10 billion
  • ETH: $3.55 billion
  • USDC: $282.97 million
  • SHIB: $215.39 million
  • PEPE: $158.25 million
  • OP: $121.53 million

Bybit

A crypto and derivatives exchange, Bybit holds a total asset value of $11.20 billion. The distribution of these assets is as follows:

  • BTC: $3.42 billion
  • USDT: $2.38 billion
  • MNT: $1.98 billion
  • ETH: $907.34 million
  • USDC: $212.26 million
  • STETH: $135.53 million
  • PEPE: $129.67 million
  • ARB: $87.67 million
  • BSC-USD: $80.61 million
  • APEX: $70.64 million
  • SHIB: $65.39 million
  • LINK: $54.82 million
  • OP: $53.88 million
  • RNDR: $52.92 million

Conclusion

The report by Arkham provides a detailed insight into the reserves held by major crypto exchanges. It is clear that these exchanges hold significant amounts of Bitcoin and altcoins, with Binance leading the pack with a total asset value of $209.35 billion. This information is crucial for investors and traders in understanding the liquidity and stability of these exchanges.

Jocelyn Blake

Jocelyn Blake

Jocelyn Blake is a 29-year-old writer with a particular interest in NFTs (Non-Fungible Tokens). With a love for exploring the latest trends in the cryptocurrency space, Jocelyn provides valuable insights on the world of NFTs.
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    Revealed: The Quantities of Altcoins Owned by Binance (BNB), Coinbase (COIN), Bybit and OKX – A Comprehensive Crypto Analysis - COINOTAG