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HomeCoinsBitcoin13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Controls With...

13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Controls With $56.2 B AUM

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13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Controls With $56.2 B AUM

< img width=" 1280 "height=" 720 "src=" http://investincryptocoins.com/wp-content/uploads/2022/01/dv1go7.jpg" class=" story __ img post __ poster "alt =" 13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Controls With$ 56.2 B AUM "loading=" lazy "> As 2022 starts, 13 various cryptocurrency exchange platforms have more than a billion dollars each in digital currencies kept in

reserves. In between all 13 trading platforms, the group of exchange platforms hold a whopping $165.25 billion worth of bitcoin, ethereum, and tether. 13 Crypto Exchanges Hold a Billion or More in Crypto Equalling Over$ 165 Billion in Assets Under Management At the time of writing, the crypto economy deserves$ 2.3 trillion and 7.10% of the aggregate or $168 billion is comprised of stablecoins. In addition, statistics on January 2, 2022, suggest that 13 crypto-asset trading platforms hold a billion dollars or more in cryptocurrencies.

13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Dominates With $56.2B AUM
< figure id=" attachment_502643 "aria-describedby= "caption-attachment-502643" class=" wp-caption aligncenter

” >< img loading=" lazy" class=" wp-image-502643 size-full" title =" 13 Crypto Exchanges Custody 7 %of the Crypto Economy, Coinbase Controls With $56.2 B AUM" src=" http://investincryptocoins.com/wp-content/uploads/2022/01/rv1uMa.jpg" alt=" 13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Controls With $56.2 B AUM" width=" 1280" height= "720" >

13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Dominates With $56.2B AUM
The top five exchanges in regards to crypto-assets under custody. The 13 exchanges consist of Coinbase, Binance, Huobi Global

, Kraken, Okex, Gemini, Bitfinex, Bittrex, Bitflyer, Coincheck, Bitstamp, and Bybit respectively. Coinbase is the leader, in regards to crypto reserves held on Sunday, with $56.2 billion in crypto properties under management( AUM ). The top 6 through 10 exchanges in regards to crypto-assets under custody. $40.27 billion of Coinbase’s reserves is made up of bitcoin (BTC), with 853,530 BTC in custody. The second-largest exchange in regards to crypto AUM

is Binance with$ 24.85 billion today. Binance has 370,390 BTC, 3.59 ETH, and 1.24 billion USDT under custody. All 13 exchanges hold around 165.25 billion in crypto assets on January 2, 2022, which corresponds to 6.98% of the $2.3 trillion crypto economy. Bybit keeps the 13th position, in regards to crypto reserves, and holds$ 1.44 billion in digital assets. 10 Crypto Property Trading Platforms Hold More Than$ 50 Million, 23 Exchanges Custody Over a Million in Crypto Reserves Around 10 crypto-asset exchanges command more than$ 50 million in crypto AUM.

23 exchanges hold a million dollars or more in crypto AUM and dozens of crypto exchanges have no readily available reserve information. This report’s crypto exchange reserve data published on January 2, 2022, at 8:15 a.m.( EST) was taped by Bituniverse, Peckshield, Chain.info, and Etherscan. The only organization that goes beyond the bitcoin (BTC) reserves Coinbase holds is Grayscale Investment’s Bitcoin Trust (GBTC), and the trust’s 648,069 BTC under custody. The Bitcoin Trust has 3.086% of the 21 million capped bitcoin supply.

Another entity that has more than 100K in BTC possessions is Block.one with 140,000 BTC under management, while the publicly-listed business Microstrategy holds 124,391 BTC today. Grayscale, Block.one, and Microstrategy are the only non-exchange entities with 100K BTC or more.

Tags in this story
AUM, Binance, Bitcoin, Bitcoin (BTC), BitFinex, bitFlyer, BitStamp, Bittrex, Bituniverse, BTC, BTC deposits, Bybit, Chain.info, Coinbase, Coincheck, Crypto Reserves, custody, etherscan, Exchanges, Gemini, glassnode, Huobi Global, Kraken, market rout, Okex, outflow, Peckshield, Reserve Status, Trading Platforms

What do you consider the 13 crypto exchanges with $165 billion under management? Let us understand what you think about this topic in the remarks area below.

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has actually been an active member of the cryptocurrency neighborhood because 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Because September 2015, Redman has actually written more than 5,000 articles for Bitcoin.com News about the disruptive procedures emerging today.




Image Credits: Shutterstock, Pixabay, Wiki Commons, Bituniverse,

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In Case You Missed It Released at Sun, 02 Jan 2022 15:05:24 +0000

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