- 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.
