The 13 cryptocurrency exchanges have over a billion dollars in reserve as 2022 approaches. The group includes 13 exchange platforms that collectively hold $165.25 trillion worth of bitcoins, ethereum and tether.
13 Crypto-Exchanges Own a Billion Cryptos, More Than $165 Billion of Assets.
As of this writing, $2.3 trillion is the value of crypto-economy. 7.10% (or $168 billion) of that aggregate is comprised of stablecoins. Statistic on January 2, 2022 shows that 13 cryptocurrency-asset trading platforms have more than a billion dollars in crypto currencies.
There are 13 listed exchanges: Binance, Huobi Global and Coinbase. Coinbase holds the lead in crypto reserves with $56.2 million in assets (AUM) on Sunday.
$40.27 billion of Coinbase’s reserves is made up of bitcoin (BTC), with 853,530 BTC in custody. Binance is currently the second-largest crypto exchange with $24.85 trillion. Binance currently holds 370,390 BTC and 3.59 Ethereum, as well as 1.24 Billion USDT.
On January 2, 2022 all 13 exchanges had approximately 165.25 trillion in crypto assets. This equates roughly to 6.98% the crypto economy worth $2.3 trillion. Bybit holds $1.44 Billion in digital assets and is in 13th place for crypto reserves.
Ten Crypto Asset Trading Platforms Have More Than 50 Million Dollars, and 23 Exchanges Keep Over One Million Crypto Reserves
Around ten cryptocurrency-asset exchanges have more than $50,000,000 in crypto AUM. 23 crypto-asset exchanges are holding more than a million dollars in crypto AUM, and many other crypto exchanges do not have any available reserve data.
This report’s crypto exchange reserve data published on January 2, 2022, at 8:15 a.m. (EST) was recorded by Bituniverse, Peckshield, Chain.info, and Etherscan.
The only organization that surpasses 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 controls 3.086% from the 21 million bitcoin supply.
Another entity that has more than 100K in BTC assets is Block.one with 140,000 BTC under management, while the publicly-listed company Microstrategy holds 124,391 BTC today. Grayscale, Block.one and Microstrategy have 100K BTC each or more.
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