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Many of the whales are crypto exchanges, funds, and companies like microstrategy. So in essence, they’re held by many others.
by TrackerFF 1y ago
Many of the whales are crypto exchanges, funds, and companies like microstrategy. So in essence, they’re held by many others.
- pyman 1y agoThe total amount of Bitcoin held by all DEXs is a relatively small fraction compared to centralized exchanges. And crypto exchanges and funds are typically backed by large corporations and banks. For example, 51% of Coinbase shares are owned by a bank.