2023-01-30
According to blockchain analytics platform Nansen, 55% of Ethereum are being held on Coinbase and Binance. Information from Nansen
reveals that 35% of ETH are on Coinbase and 20% are on Binance. Just these 2
exchanges hold up to 55% of ETH supply. Ethereum’s balance on Kraken accounted
for 7.89%, Bitfinex 7.31%, OKX 5.02%, Gemini 4.66%. From total 24.9 million ETH
which are being held on exchanges. 8.72 million ETH are being held on Coinbase
and 4.94 million ETH are being held on Binance.
Top 5 ETH Balances
1. Coinbase:
8.72M (35%)
2. Binance: 4.94M (20%)
3. Kraken: 1.97M (7.89%)
4. Bitfinex: 1.82M (7.31%)
5. OKX: 1.25M (5.02%)
Total ETH being held on exchange are 24 million.
