Torik Sh
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According to CryptoRank X, Binance's cold wallet with 248,598 BTC contains the most bitcoins in a single wallet. The estimated value of the bitcoins in this wallet is $24.33 billion, which is 1.26% of the total bitcoin supply. In fact, CryptoRank identified two Binance cold wallets among the richest bitcoin wallets. The second Binance cold wallet ranks fourth and contains 102,552 BTC, equivalent to $10.03 billion, or 0.52% of the total bitcoin supply.
Interestingly, of the bitcoin wallets listed by CryptoRank, four were held on centralized exchanges such as Binance, Bitfinex, and Robinhood. Two of the wallets contained bitcoins confiscated by the U.S. government, one belonged to the Mt. Gox hacker, and the reserves of Tether Bitcoin constituted another known wallet. However, two of the richest bitcoin wallets remained unknown, according to the CryptoRank report.
The top 10 richest bitcoin wallets account for 5.27% of the total bitcoin supply. Although the value of these assets is significantly high, it does not determine the overall direction of the bitcoin market. This underscores the decentralized nature of the bitcoin ecosystem.$SUSHI $ONE $TURBO #2024withBinance
Interestingly, of the bitcoin wallets listed by CryptoRank, four were held on centralized exchanges such as Binance, Bitfinex, and Robinhood. Two of the wallets contained bitcoins confiscated by the U.S. government, one belonged to the Mt. Gox hacker, and the reserves of Tether Bitcoin constituted another known wallet. However, two of the richest bitcoin wallets remained unknown, according to the CryptoRank report.
The top 10 richest bitcoin wallets account for 5.27% of the total bitcoin supply. Although the value of these assets is significantly high, it does not determine the overall direction of the bitcoin market. This underscores the decentralized nature of the bitcoin ecosystem.$SUSHI $ONE $TURBO #2024withBinance
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