Examining the Holdings of 5 Centralized Crypto Exchanges: A Look at Binance, Okx, Crypto.com, Bitfinex, and Huobi – Bitcoin News

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The following is an examination of five different centralized crypto asset exchanges and their holdings in crypto assets as of Jan. 22, 2023.

, and 13.35% of Huobi’s assets are alternative crypto assets too numerous to name. $7.7 million worth of the value derives from the 57.58 million HUSD that Huobi holds, which is 30.66% of the HUSD supply. While HUSD was once a stablecoin pegged to the U.S. dollar, HUSD is now trading for $0.13 per coin.All five of the aforementioned cryptocurrency exchanges hold $88.6 billion in crypto assets combined. The combined value of all five of the exchange’s reserves equates to 8.

74.49% of the $88.6 billion is held on Binance, and the rest is dispersed among Okx, Crypto.com, Bitfinex, and Huobi. The trading platform with the largest exchange token coins is Bitfinex, with its stash of $2.2 billion worth of LEO. Out of the five mentioned exchanges, Binance holds the most Bitcoin (

 

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