Onchain Analysis Verifies the Number of BTC Held by Grayscale’s Bitcoin Trust

Onchain Analysis Verifies the Number of BTC Held by Grayscale’s Bitcoin TrustAfter Grayscale Investments shared information concerning the company’s product holdings, people questioned why the firm wouldn’t share the public addresses associated with the crypto assets it holds. However, on Nov. 23, OXT researcher Ergo published a Twitter thread featuring onchain forensics that confirm Coinbase Custody holds a balance of 633K bitcoin that likely belongs to […]

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Binance’s Bitcoin Reserve Stash Nears 600,000, Company’s BTC Cache Is Now the Largest Held by an Exchange

Binance’s Bitcoin Reserve Stash Nears 600,000, Company's BTC Cache Is Now the Largest Held by an ExchangeWhile there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown significantly since Nov. 12. In fact, metrics from cryptoquant.com indicate that Binance’s bitcoin reserves reached an all-time high on Nov. […]

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