Part 1 Beginner Why long-term crypto holders borrow against assets instead of selling A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto Open guide 
Reviewing exchanges with fewer than 20k Bitcoin: the downward trend and outliers
Huobi's dramatic decline to binance's significant hold: how the pandemic influenced bitcoin storage on exchanges
This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
Quick Take
Examining exchanges that hold less than 20,000 Bitcoin reveals a list of seven prominent platforms. Notably, Huobi, once boasting 410,000 Bitcoin on its exchange, now retains a comparatively meager 18,258.
This decline reflects a broader trend observed across several exchanges – a depletion of stored Bitcoin.
Despite this general downward trajectory, exceptions exist, such as Binance, which holds an impressive 652,000 Bitcoin. This staggering figure constitutes over 3.2% of the total Bitcoin supply, emphasizing Binance's dominant position in the cryptocurrency exchange landscape.
$73,625.10 +0.83% (24H)
- Market Cap
- $1.48T
- 24H Volume
- $30.54B
- Circulating Supply
- 20.04M
- Layer 1 Dominance
- 71.4%
