Five mega exchanges hold 10% of Bitcoin's entire supply

Five mega exchanges hold 10% of Bitcoin's entire supply

The Bitcoin ecosystem continues to be dominated by a handful of platforms and companies. Roughly 10.6% of Bitcoin’s (BTC) circulating supply is currently held on just five centralized exchanges, according to data published by Chain.info.More than 1.96 million BTC is currently held between the major exchanges Coinbase, Huobi, Binance, OKEx, and Kraken.Likely owing to its custody services, Coinbase holds by far the most, with 944,904 BTC currently spread across approximately 4.39 million different wallet addresses.Huobi ranks second with 323,665 BTC held in roughly 901,600 unique wallets,....


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