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21 October 2020

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

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


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Roughly 10.6% of Bitcoin’s (BTC) circulating supply is currently held on just five centralized exchanges, according to data published by Chain.info.

The percentage of the Bitcoin supply held on the five centralized exchanges may actually add up to significantly more than 10%, with Chainalysis recently estimating that the 3.7 million BTC that have not moved in more than five years are likely lost

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cointelegraph.com
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