🌖Arkham has now identified $25 billion of Coinbase Bitcoin reserves (~1 million BTC) on chain. This makes Coinbase the world's largest Bitcoin entity in Arkham, with almost 5% of all BTC in existence - on par with Satoshi Nakamoto.

Arkham has identified and tagged over 36 Million BTC deposit and storage addresses used by Coinbase, with their largest cold wallet containing ~10K BTC.

Based on their latest financial report, Coinbase likely has thousands more BTC yet to be tagged.

Analysis to identify these additional addresses continues.

Check out Coinbase in Arkham: https://platform.arkhamintelligence.com/explorer/entity/coinbase

#opbnb #ETH #Layer2 #BTC #crypto2023

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