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Blockchain intelligence platform Arkham revealed that cryptocurrency giant Coinbase keeps approximately 1 million Bitcoin in its wallets. This is worth over $25 billion in the current volatile cryptocurrency market. Coinbase was determined to control a total of 947,755 BTC, while the circulating supply of Bitcoin is approximately 19,493,537, according to CoinGecko data. This indicates that Coinbase represents approximately 5% of the worldwide Bitcoin supply. However, it is stated that Coinbase technically owns only a small portion of this digital treasure. According to the latest data, Coinbase appears to directly own 10,000 Bitcoins worth approximately $200 million. This reveals the complex dynamics of cryptocurrency exchanges and their role as custodians of user assets.

Blockchain intelligence platform Arkham revealed that cryptocurrency giant Coinbase keeps approximately 1 million Bitcoin in its wallets. This is worth over $25 billion in the current volatile cryptocurrency market. Coinbase was determined to control a total of 947,755 BTC, while the circulating supply of Bitcoin is approximately 19,493,537, according to CoinGecko data. This indicates that Coinbase represents approximately 5% of the worldwide Bitcoin supply. However, it is stated that Coinbase technically owns only a small portion of this digital treasure. According to the latest data, Coinbase appears to directly own 10,000 Bitcoins worth approximately $200 million. This reveals the complex dynamics of cryptocurrency exchanges and their role as custodians of user assets.

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