2 years ago
Over the past decade, respective bitcoin wallets person been named the largest successful existence. However, since 2021, Binance has controlled the largest bitcoin address, which presently holds 248,597 BTC and is worthy astir $6.66 billion. Just implicit 9 years ago, the largest wallet belonged to the U.S. authorities aft it seized 144,342 BTC from the Silk Road’s Dread Pirate Roberts (DPR).
Binance Has Controlled the Largest Bitcoin Wallet Since March 2021
Bitcoin’s auditable and transparent web allows radical to presumption the largest bitcoin (BTC) holders, commonly referred to arsenic the “Bitcoin Rich List.” Currently, the largest BTC wallet is controlled by Binance, known arsenic the “Binance Cold Wallet,” which holds 248,597 BTC, accounting for 1.28% of the full BTC supply. The wallet was archetypal observed successful October 2018 and has since received 790 incoming transfers and made 42 outgoing transfers.
It wasn’t until 2021 that Binance’s acold wallet code became the largest successful existence. Archived data shows that connected February 3, 2021, Huobi controlled the largest BTC address, which held 141,452 BTC, portion the second-largest wallet, holding 110,011 BTC, belonged to Bitfinex. On that day, Binance’s acold wallet code was the 4th largest, holding astir 92,881 BTC. By the end of February 2021, Binance’s acold wallet had moved up to the second-largest position, conscionable beneath Huobi’s wallet.
On March 10, 2021, oregon 819 days ago, the Binance acold wallet became the largest BTC wallet successful existence, holding a equilibrium of 143,528 BTC connected that day. Since then, it has remained the largest wallet, presently holding 248,597 BTC. However, successful June 2021, it reached an all-time precocious of astir 299,427 BTC. The Binance acold wallet code has had minimal enactment this year, with the objection of sending 2,000 BTC connected January 7. Binance’s power of the apical BTC wallet is simply a important departure from the concern 9 years ago.
From DPR to Bitfinex, Huobi, and Binance
On February 9, 2014, the U.S. authorities held the largest BTC wallet aft seizing assets from Silk Road head Dread Pirate Roberts (DPR). In February 2015, aft the authorities sold the DPR stash, the “19KJZ” code became the largest, holding 180,060 BTC. Data from the affluent database successful 2016 is unknown, arsenic a snapshot was not taken that year. However, successful April 2017, Bitstamp held the largest bitcoin wallet, holding 128,440 BTC. In January 2018, the largest BTC wallet was a Bittrex acold wallet, which erstwhile held 179,203 bitcoin.
In January 2019, the Bitfinex acold wallet was the largest bitcoin address, with a acold wallet associated with Binance arsenic the 2nd largest. However, by 2020, the Huobi wallet became the starring BTC wallet, with the older Binance wallet becoming the 5th largest, holding astir 89,684 BTC. Huobi held the apical presumption until March 10, 2021, erstwhile the caller Binance acold wallet (34xp4) took implicit arsenic the largest BTC wallet.
The Binance acold wallet presently holds 248,597 BTC, which is astir 70,587 BTC much than the second-largest BTC wallet controlled by Bitfinex, holding 178,010 BTC. It is besides the lone bitcoin code with implicit 200,000 BTC. While Binance has seen a significant fig of bitcoins leave the centralized crypto speech successful the past fewer days, not a azygous satoshi has near the monolithic wallet since January. The code does person BTC particulate (small fractions) transfers regularly, astir connected a regular basis.
What are your thoughts astir the largest bitcoin wallets since 2014 and the existent dominance of Binance arsenic the largest bitcoin wallet? Share your thoughts and opinions astir this taxable successful the comments conception below.
English (US) 