THELOGICALINDIAN - As 2022 begins 13 altered cryptocurrency barter platforms accept added than a billion dollars anniversary in agenda currencies captivated in affluence Between all 13 trading platforms the accumulation of barter platforms authority a whopping 16525 billion account 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 abridgement is account $2.3 abundance and 7.10% of the accumulated or $168 billion is fabricated up of stablecoins. Furthermore, statistics on January 2, 2022, announce that 13 crypto-asset trading platforms authority a billion dollars or added in cryptocurrencies.
The 13 exchanges accommodate Coinbase, Binance, Huobi Global, Kraken, Okex, Gemini, Bitfinex, Bittrex, Bitflyer, Coincheck, Bitstamp, and Bybit respectively. Coinbase is the leader, in agreement of crypto affluence captivated on Sunday, with $56.2 billion in crypto assets beneath administration (AUM).
$40.27 billion of Coinbase’s affluence is fabricated up of bitcoin (BTC), with 853,530 BTC in custody. The second-largest barter in agreement of crypto AUM is Binance with $24.85 billion today. Binance has 370,390 BTC, 3.59 ETH, and 1.24 billion USDT beneath custody.
All 13 exchanges authority about 165.25 billion in crypto assets on January 2, 2022, which equates to 6.98% of the $2.3 abundance crypto economy. Bybit maintains the 13th position, in agreement of crypto reserves, and holds $1.44 billion in agenda assets.
10 Crypto Asset Trading Platforms Hold More Than $50 Million, 23 Exchanges Custody Over a Million in Crypto Reserves
Approximately ten crypto-asset exchanges command added than $50 actor in crypto AUM. 23 exchanges authority a actor dollars or added in crypto AUM and dozens of crypto exchanges accept no accessible assets data.
This report’s crypto barter assets abstracts appear on January 2, 2022, at 8:15 a.m. (EST) was recorded by Bituniverse, Peckshield, Chain.info, and Etherscan.
The alone alignment that surpasses the bitcoin (BTC) affluence Coinbase holds is Grayscale Investment’s Bitcoin Trust (GBTC), and the trust’s 648,069 BTC beneath custody. The Bitcoin Trust has 3.086% of the 21 actor capped bitcoin supply.
Another article that has added than 100K in BTC assets is Block.one with 140,000 BTC beneath management, while the publicly-listed aggregation Microstrategy holds 124,391 BTC today. Grayscale, Block.one, and Microstrategy are the alone non-exchange entities with 100K BTC or more.
What do you anticipate about the 13 crypto exchanges with $165 billion beneath management? Let us apperceive what you anticipate about this accountable in the comments area below.
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