{"id":282565,"date":"2022-12-20T07:00:20","date_gmt":"2022-12-20T07:00:20","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=282565"},"modified":"2023-04-13T17:42:58","modified_gmt":"2023-04-13T16:42:58","slug":"bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/","title":{"rendered":"Bitfinex closes week leading Bitcoin reserves according to Glassnode"},"content":{"rendered":"

CryptoSlate<\/em> analysts examined the detailed proof-of-reserves of leading crypto exchanges outside of Coinbase and Binance. It revealed that Bitfinex holds the most significant Bitcoin (BTC<\/a>) reserves, with $3.5 billion worth of BTC.<\/p>\n

The data was obtained on Dec. 16 from OKX<\/a>, KuCoin<\/a>, Crypto.com<\/a>, ByBit<\/a>, Binance<\/a>, BitMEX<\/a>, and Bitfinex<\/a>. OKX follows Bitfinex with the second largest BTC pool with more than $1.5 billion in BTC, while Binance comes as the third with just above $5 billion in BTC. BitMEX places fourth, with just over $1 billion in BTC. Crypto.com, ByBit, and KuCoin came as the fifth, sixth and seventh with $700 million, $370 million, and $300 million, respectively.<\/p>\n

Reserves in billions<\/h2>\n

Bitfinex, OKX, Binance, and BitMEX calculate their reserves in billions. Amongst all exchanges included in this analysis, Bitfinex emerged as the exchange that held significantly more BTC than the other six that released their proof-of-reserves.<\/p>\n

Bitfinex<\/h3>\n

According to the numbers, Bitfinex entered the weekend with $3.5 billion in BTC and around $2.37 billion in UNUS SED LEO (LEO<\/a>). The exchange also holds just below $1 billion worth of Ethereum (ETH<\/a>).<\/p>\n

\"Proof
Proof of reserves – Bitfinex<\/figcaption><\/figure>\n

Besides BTC, LEO and ETH, the chart shows that Bitfinex holds eight more assets in millions each.<\/p>\n

Data from Nov. 21 showed<\/a> that 91% of Bitfinex's reserves were made of BTC and ETH, which meant that Bitfinex held the most BTC. Even though its ETH reserves have shrunk, the exchange still holds the largest amount of BTC.<\/p>\n

Another study at the end of November 2022 showed that Bitfinex held over $11 billion worth of Tether (USDT), equating to 60% of the whole USDT supply. However, the current data indicate that this amount retreated to millions within two weeks.<\/p>\n

OKX<\/h3>\n

OKX is the only exchange included in this analysis that measures its BTC reserves in billions. The exchange's BTC reserves amount to just above $1.5 billion.<\/p>\n

\"Proof
Proof of reserves – OKX \/ Source: Glassnode<\/figcaption><\/figure>\n

In addition to the considerable amount of BTC, OKX also holds around $2.43 billion in USDT. Furthermore, the exchange has just below $1.5 billion worth of ETH.<\/p>\n

According to OKX's announcement<\/a>, it is also backing all its users' assets at 1:1 with real funds.<\/p>\n

Binance<\/h3>\n

Binance places third in ranking with nearly $5.6 billion in BTC. The exchange also holds $5 billion in ETH.<\/p>\n

\"Proof
Proof of reserves – Binance \/ Source: Glassnode<\/figcaption><\/figure>\n

Despite the size of its BTC pool, Binance holds $15 billion in Binance USD (BUSD<\/a>), $6.25 million in USDT, and almost $2.5 billion in USDC.<\/p>\n

On Dec. 15, Binance experienced<\/a> a withdrawal crisis where its reserves shrank by $3.5 billion in 24 hours. Despite that, the exchange holds the largest overall reserves amongst all other exchanges included in this analysis.<\/p>\n

BitMEX<\/h3>\n

BitMEX holds the fourth largest BTC reserves, with around $1.1 billion. The data doesn't disclose any other asset type under BitMEX's reserves.<\/p>\n

\"Proof
Proof of reserves – BitMEX \/ Source: Glassnode<\/figcaption><\/figure>\n

The exchange also announced<\/a> that it plans to lay off around 30% of its staff in early November.<\/p>\n

Reserves in millions<\/h2>\n

Other exchanges included in this analysis measure their reserves in terms of millions. Amongst the remaining four, Crypto.com holds the most BTC.<\/p>\n

Crypto.com<\/h3>\n

Crypto.com entered the weekend with nearly $700 million worth of BTC and just above $600 million in ETH.<\/p>\n

From Nov.21, 52% of Crypto.com's reserves were made of BTC and ETH, which equated to 53,024 BTC and 391,564 ETH. Current data suggests that the exchange shrunk its BTC reserves while growing its ETH holdings.<\/p>\n

\"Proof
Proof of reserves – Crypto.com<\/figcaption><\/figure>\n

Crypto.com also holds over $900 million worth of USD Coin (USDC<\/a>) and around $500 million in SHIBA INU (SHIB<\/a>).<\/p>\n

The exchange released<\/a> its proof of reserves on Dec. 6 and showed that all assets were fully backed by 1:1 on the exchange, with extra reserves to spare. However, the audit firm Mazars Group audited the proof of reserves, which revealed<\/a> that it was preparing to drop its clients on Dec. 16.<\/p>\n

ByBit and KuCoin<\/h3>\n

Based on the BTC reserves' ranking, ByBit and KuCoin come fourth and fifth, respectively, with only slight differences in their reserves.<\/p>\n

The numbers show that ByBit holds nearly $370 million in BTC and almost $200 million in ETH. In addition, the exchange also has over $700 million USDT and nearly $100 million USDC stablecoins.<\/p>\n

\"Proof
Proof of reserves – ByBit<\/figcaption><\/figure>\n

ByBit recently announced<\/a> that it would be updating its withdrawal limits based on verification levels and planning<\/a> to lay off around 30% of its staff due to challenging market conditions.<\/p>\n

KuCoin, on the other hand, holds a little less than $300 million in BTC and $200 million in ETH. The exchange has over $600 million in USDT and USDC stablecoins combined.<\/p>\n

\"Proof
Proof of reserves – KuCoin<\/figcaption><\/figure>\n

Following the FTX fallout, KuCoin was one of the first exchanges that disclosed its holdings. On Nov. 11, KuCoin's CEO, Johnny Lyu<\/a>, announced<\/a> the exchange's holdings via his Twitter account. In addition, the exchange released<\/a> its proof-of-reserves on Dec. 5, which the Mazars Group audited.<\/p>\n","protected":false},"excerpt":{"rendered":"

CryptoSlate analysts examined the detailed proof-of-reserves of leading crypto exchanges outside of Coinbase and Binance. It revealed that Bitfinex holds the most significant Bitcoin (BTC) reserves, with $3.5 billion worth of BTC. The data was obtained on Dec. 16 from OKX, KuCoin, Crypto.com, ByBit, Binance, BitMEX, and Bitfinex. OKX follows Bitfinex with the second largest […]<\/p>\n","protected":false},"author":1262,"featured_media":282577,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"post_folder":[],"acf":[],"yoast_head":"\nBitfinex closes week leading Bitcoin reserves according to Glassnode<\/title>\n<meta name=\"description\" content=\"Bitfinex holds 3.5 billion BTC, and OKX follows it with the second largest BTC reserve with 1.5 billion.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitfinex closes week leading Bitcoin reserves according to Glassnode\" \/>\n<meta property=\"og:description\" content=\"Bitfinex holds 3.5 billion BTC, and OKX follows it with the second largest BTC reserve with 1.5 billion.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-20T07:00:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-13T16:42:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/bitfinex-bitcoin-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Zeynep Geylan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Zeynep Geylan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/\"},\"author\":[{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#person\",\"name\":\"Zeynep Geylan\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg\",\"caption\":\"Zeynep Geylan\"},\"jobTitle\":\"Journalist\",\"description\":\"Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and crypt...\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/zeynepgyln\",\"https:\/\/www.linkedin.com\/in\/zgeylan\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/james-van-straten\/#person\",\"name\":\"James Van Straten\",\"url\":\"https:\/\/cryptoslate.com\/author\/james-van-straten\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/james-van-straten\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/james-van-straten\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/cryptoslate-james-van-straten-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/cryptoslate-james-van-straten-300x300.jpg\",\"caption\":\"James Van Straten\"},\"jobTitle\":\"Former Lead Analyst\",\"description\":\"James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/jvs_btc\",\"https:\/\/www.linkedin.com\/in\/james-van-straten-8782b4112\"]}],\"headline\":\"Bitfinex closes week leading Bitcoin reserves according to Glassnode\",\"datePublished\":\"2022-12-20T07:00:20+00:00\",\"dateModified\":\"2023-04-13T16:42:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/\"},\"wordCount\":848,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"articleSection\":[\"Exchanges\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/\",\"url\":\"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/\",\"name\":\"Bitfinex closes week leading Bitcoin reserves according to Glassnode\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2022-12-20T07:00:20+00:00\",\"dateModified\":\"2023-04-13T16:42:58+00:00\",\"description\":\"Bitfinex holds 3.5 billion BTC, and OKX follows it with the second largest BTC reserve with 1.5 billion.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitfinex closes week leading Bitcoin reserves according to Glassnode\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/cryptoslate.substack.com\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/advertising\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/c8815152c2df358931d4c32fc43c4344\",\"name\":\"Zeynep Geylan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg\",\"caption\":\"Zeynep Geylan\"},\"description\":\"Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and cryptocurrencies and strongly believes in their transmuting power. Research and writing are her favorite things in life, followed by dogs and burgers.\",\"url\":\"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bitfinex closes week leading Bitcoin reserves according to Glassnode","description":"Bitfinex holds 3.5 billion BTC, and OKX follows it with the second largest BTC reserve with 1.5 billion.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/","og_locale":"en_US","og_type":"article","og_title":"Bitfinex closes week leading Bitcoin reserves according to Glassnode","og_description":"Bitfinex holds 3.5 billion BTC, and OKX follows it with the second largest BTC reserve with 1.5 billion.","og_url":"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/","og_site_name":"CryptoSlate","article_published_time":"2022-12-20T07:00:20+00:00","article_modified_time":"2023-04-13T16:42:58+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/12\/bitfinex-bitcoin-1.jpg","type":"image\/jpeg"}],"author":"Zeynep Geylan","twitter_card":"summary_large_image","twitter_creator":"@cryptoslate","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Zeynep Geylan","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/"},"author":[{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#person","name":"Zeynep Geylan","url":"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-300x300.jpg","caption":"Zeynep Geylan"},"jobTitle":"Journalist","description":"Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and crypt...","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/zeynepgyln","https:\/\/www.linkedin.com\/in\/zgeylan"]},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/james-van-straten\/#person","name":"James Van Straten","url":"https:\/\/cryptoslate.com\/author\/james-van-straten\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/james-van-straten\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/james-van-straten\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/cryptoslate-james-van-straten-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/07\/cryptoslate-james-van-straten-300x300.jpg","caption":"James Van Straten"},"jobTitle":"Former Lead Analyst","description":"James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/jvs_btc","https:\/\/www.linkedin.com\/in\/james-van-straten-8782b4112"]}],"headline":"Bitfinex closes week leading Bitcoin reserves according to Glassnode","datePublished":"2022-12-20T07:00:20+00:00","dateModified":"2023-04-13T16:42:58+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/"},"wordCount":848,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"articleSection":["Exchanges"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/","url":"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/","name":"Bitfinex closes week leading Bitcoin reserves according to Glassnode","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2022-12-20T07:00:20+00:00","dateModified":"2023-04-13T16:42:58+00:00","description":"Bitfinex holds 3.5 billion BTC, and OKX follows it with the second largest BTC reserve with 1.5 billion.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/bitfinex-closes-week-leading-bitcoin-reserves-according-to-glassnode\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Bitfinex closes week leading Bitcoin reserves according to Glassnode"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/cryptoslate.substack.com","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/advertising\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/c8815152c2df358931d4c32fc43c4344","name":"Zeynep Geylan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/03\/zeynep-geylan-author-150x150.jpg","caption":"Zeynep Geylan"},"description":"Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and cryptocurrencies and strongly believes in their transmuting power. Research and writing are her favorite things in life, followed by dogs and burgers.","url":"https:\/\/cryptoslate.com\/author\/zeynep-geylan\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/282565"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/1262"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=282565"}],"version-history":[{"count":16,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/282565\/revisions"}],"predecessor-version":[{"id":317422,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/282565\/revisions\/317422"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/282577"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=282565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=282565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=282565"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=282565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}