Coinbase holds 4% of bitcoin circulating supply worth $55 billion

Coinbase, one of the largest cryptocurrency exchanges, holds approximately 4% of the total circulating supply of bitcoin (BTC).

As of June 6, 2024, Coinbase was holding around 4% of the Bitcoin (BTC) in circulation, which is approximately 839,000 BTC1 worth  $55,057,697,000 according from Glassnode’s data.