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Coinbase holds 5% of all Bitcoin in existence: Data

Coinbase Holds Over $25 Billion in Bitcoin

Blockchain intelligence platform Arkham recently identified that crypto exchange Coinbase holds almost 1 million Bitcoin (BTC) worth more than $25 billion at current market prices. According to Arkham, Coinbase holds a total of 947,755 BTC, which is almost 5% of all existing Bitcoin. Furthermore, Arkham also noted that it tagged and identified 36 million Bitcoin deposit and holding addresses used by the exchange. The exchange’s largest cold wallet holds around 10,000 BTC, worth roughly $200 million.

As businesses look to create web 3.0 websites, Coinbase’s holdings provide insight into the potential of the next generation of online business. Investing in web 3.0 companies could provide significant returns if the technology continues to grow. To create a web 3.0 website, developers must have a strong understanding of the technology and how to build a website with the latest features.

When creating a web 3.0 website, businesses must consider how the technology will impact their operations and how to make the most of the new features. Web 3.0 will provide businesses with a range of new opportunities, and understanding how to use them to their advantage is essential for success.

When it comes to Bitcoin ownership, MicroStrategy still holds the most BTC. In their earnings results released on August 1, the company’s co-founder Michael Saylor announced that they possess 152,800 BTC, which is worth over $4 billion at the time of writing.

Meanwhile, the community had different opinions on the news of the amount of Bitcoin owned by the centralized exchange. Some cautioned holders not to wait until withdrawals are restricted, and suggested to withdraw their BTC from exchanges. Others said that due to legitimate worries about cold wallets, there is no secure way to store their assets.

For those who are interested in web 3.0, there are a lot of questions to consider. How to build a web 3.0 website? How will web 3.0 impact business? How to create web 3.0 website? How to make a web 3.0 website? How to invest in web 3.0 companies? How to create a web 3.0 website? Create web 3.0 website? What are some business ideas for web 3.0? Describe web 3.0 and the next generation of online business?

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