WebsCrypto
  • News
  • Prices
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Blockchain
  • DeFi
  • Policy
  • Opinions
  • Guides
  • PR
Facebook Twitter LinkedIn Telegram
WebsCryptoWebsCrypto
ADVERTISE
  • News
  • Prices
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Blockchain
  • DeFi
  • Policy
  • Opinions
  • Guides
  • PR
WebsCrypto
News

Binance’s Bitcoin Reserves Approach 600,000, About 2.77% Of the 21 Million Cap

By Simon LawsonNovember 21, 20221 Min Read
Binance’s Bitcoin Reserves Approach 600,000, About 2.77% Of the 21 Million Cap
Share
Facebook Twitter Telegram LinkedIn Reddit Email

Binance’s Bitcoin reserves are close to 600,000. The company’s Bitcoin cache is now the largest held by an exchange, although there are many rumors about proof of reserves, self-custody, and more than $5 billion in Bitcoin and Ethereum leaving exchanges between November 7th and November 14th, 2022 Discussion, but since November, Binance’s Bitcoin reserves have grown significantly.

In fact, data from cryptoquant shows that Binance’s Bitcoin reserves hit an all-time high on November 19, 2022.

As the exchange holds approximately 582,054 bitcoins, worth $9.62 billion (at bitcoin exchange rates on November 20, 2022), Binance holds almost 600,000 bitcoins today, or roughly 2.77 of the 21 million capped supply %.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
Binance Bitcoin Crypto Cryptocurrency Ethereum Exchange
Related News

US Government Seizes $5.6 Billion Worth of Bitcoin in Three High-Profile Cases

CFTC Defines Bitcoin, Ethereum and Litecoin as Commodities, Not Securities

Balmain Launches Limited Edition NFT Series Unicorn Phygit Wearable Collection

Timothy Peterson Claims 6 Million Bitcoins Are Lost Forever

Why Is the CFTC Suing Binance?

Venezuelan Regulators Shut Down Cryptocurrency Exchanges, Mining Farms

The Latest
Markets March 28, 2023
US Government Seizes $5.6 Billion Worth of Bitcoin in Three High-Profile Cases
Markets March 28, 2023
CFTC Defines Bitcoin, Ethereum and Litecoin as Commodities, Not Securities
Business March 28, 2023
Balmain Launches Limited Edition NFT Series Unicorn Phygit Wearable Collection
News March 28, 2023
Timothy Peterson Claims 6 Million Bitcoins Are Lost Forever
Opinions March 28, 2023
Why Is the CFTC Suing Binance?
Block 3000

WebsCrypto contains crypto news about cryptocurrencies, bitcoin, ethereum, altcoins and more.

Facebook Twitter LinkedIn Telegram RSS
Categories
  • News
  • Markets
  • Business
  • Markets
  • Opinions
  • Guides
  • Press Release
  • Sponsored
Tags
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Blockchain
  • DeFi
  • Regulation
  • Policy
About
  • About Us
  • Contact Us
  • Advertise
  • Crypto Prices
  • Privacy Policy
  • Terms of Service
© 2023 WebsCrypto.

Type above and press Enter to search. Press Esc to cancel.