Ownership Revealed: Binance, Coinbase, Bybit, and OKX Holdings in Various Altcoins

The reserves held by significant centralized exchanges were revealed by bitcoin analysis firm Arkham in a recent announcement. Each exchange's holdings are broken down in detail in the report.

 Binance

Binance, the biggest cryptocurrency exchange globally based on trading volume, with an astounding $209.35 billion in total assets. The following is how the primary assets are divided:

• BNB: $96.90 billion
• BTC: $40.56 billion  
• USDT: $27.26 billion
• ETH: $13.72 billion
• FDUSD: $3.60 billion
• USDC: $2.50 billion
• WBETH: $2.26 billion
• SHIB: $1.74 billion
• PEPE: $969.15 million
• LINK: $863.28 million

 Coinbase

Coinbase, a well-known cryptocurrency exchange based in the United States, has total assets worth $80.46 billion. Its major assets are distributed as follows:

• BTC: $56.67 billion
• ETH: $21.09 billion
• LINK: $1.10 billion
• BNB: $540.01 million
• USDC: $324.87 million
• GRT: $288.67 million

OKX

OKX, a well-known player in the cryptocurrency exchange industry, has $34.73 billion in total assets. These assets are divided up as follows:

•  OKB: $14.12 billion
• BTC: $8.09 billion
• USDT: $6.10 billion
• ETH: $3.55 billion
• USDC: $282.97 million
• SHIB: $215.39 million
• PEPE: $158.25 million
• OP: $121.53 million

Bybit

Total assets of $11.20 billion are held by Bybit, a cryptocurrency and derivatives exchange. Here is how the assets are divided up:

• BTC: $3.42 billion
• USDT: $2.38 billion
• MNT: $1.98 billion
• ETH: $907.34 million
• USDC: $212.26 million
• STETH: $135.53 million
• PEPE: $129.67 million
• ARB: $87.67 million
• BSC-USD: $80.61 million
• APEX: $70.64 million
• SHIB: $65.39 million
• LINK: $54.82 million
• OP: $53.88 million
• RNDR: $52.92 million

May 2024, Cryptoniteuae