One in Six BTC on Centralized Exchanges Despite FTX Collapse
Binance controls nearly a third of exchange-held supply, underscoring how liquidity power is concentrating among a few venues. Nearly 3 million Bitcoin (BTC), worth approximately $200 billion and representing 15% of the circulating supply, currently sits on centralized exchange platforms. The concentration of assets on trading venues reveals that, despite the shock of the FTX […]
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