In the latest report, analysts from CryptoRank named the 'fattest' Bitcoin wallets
The largest amount of Bitcoin (248,598 BTC) is held in the cold wallet of Binance. This is 1.26% of the total supply of the flagship cryptocurrency, with the asset value exceeding $24.33 billion.
Another cold wallet of Binance, discovered by CryptoRank, ranks fourth and holds 102,552 BTC.
This is 0.52% of the total volume of Bitcoins, which is currently valued at $10.03 billion. The second and third places are occupied by cryptocurrency wallets on centralized exchanges Bitfinex and Robinhood.
According to CryptoRank, the ten richest Bitcoin wallets account for 5.27% of the total volume of the flagship asset. At the same time, two addresses hold BTC seized by the US government after the hacking of the Mt. Gox exchange. Another wallet contains Tether reserves in Bitcoin.
Traders are monitoring the activity of wallets holding significant amounts of BTC, as the movement of large sums of assets can affect the price of the cryptocurrency.
Currently, many market participants are concerned about rumors that the Biden administration plans to sell digital assets from US government wallets.#BTC