Key Takeaways
- Binance holds $130.1B in tracked property, greater than Coinbase and OKX mixed, per Arkham.
- Coinbase’s 4.146M ETH edges out Binance’s 4.09M ETH for the highest ethereum place.
- Bitfinex holds $6.18B in LEO, its personal token, outweighing its ETH stack sevenfold.
That determine places Binance effectively forward of the subsequent 9 exchanges mixed in some classes, in keeping with portfolio knowledge pulled from Arkham’s blockchain analytics platform. The rankings, logged on July 6, 2026, primarily based on real-time pockets balances moderately than self-reported figures, give merchants a uncommon have a look at precisely what sits behind every alternate’s reserves.
Numbers like these not often get a lot scrutiny past a headline whole. Bitcoin.com Information dug into the wallet-level breakdowns behind eight main exchanges to see what these totals are literally manufactured from, and the solutions range greater than most individuals would guess.
Binance
Binance’s $130.1 billion battle chest begins with bitcoin. The alternate holds 673,071 BTC price $42.8 billion, greater than some other alternate tracked on this evaluation. However the true story sits one line down. Binance is holding 40.98 billion USDT, a stablecoin steadiness so massive it dwarfs the market cap of most prime 20 crypto property outright.
Add in 7.68 billion USDC and roughly $6 billion extra unfold throughout USD1 and USYC, and Binance is sitting on near $58 billion in dollar-pegged tokens alone. Its ethereum place tells its personal story too. Between 4.09 million ETH and three.306 million WBETH, a wrapped staked ether by-product, Binance’s whole ether publicity edges previous $13.8 billion. Arkham’s explorer tracks 64.4 million addresses tied to the alternate, a footprint matched by just one different platform on this evaluation.
Coinbase
Coinbase’s $87.96 billion in tracked property leans laborious on bitcoin, with 975,503 BTC price $62.03 billion making up greater than 70% of the alternate’s whole portfolio. What units Coinbase other than Binance is what comes subsequent. Coinbase holds 4.146 million ETH price $7.41 billion, edging out Binance’s native ETH place and making Coinbase the biggest single holder of ethereum among the many exchanges written about on this editorial.
The alternate additionally carries 11.69 billion USDC, Circle’s stablecoin, plus smaller positions in solana ( SOL), chainlink (LINK) and a notable 1.181 million zcash (ZEC) stake price $531.07 million. Arkham lists 68.5 million addresses linked to Coinbase, the biggest handle rely on this whole evaluation.
OKX
OKX holds $23.21 billion in tracked property, and in contrast to Binance or Coinbase, its greatest guess isn’t bitcoin. OKX’s largest place is 9.337 billion USDT, price $9.34 billion, forward of its 124,316 BTC stack price $7.92 billion.
The alternate rounds out its prime holdings with 1.193 million ETH price $2.13 billion and a mixed $1.45 billion unfold throughout USDC and USDG. Arkham tracks 29.4 million addresses linked to OKX on July 6, 2026.
Upbit
South Korea’s largest crypto alternate Upbit holds $19.12 billion in tracked property, and bitcoin does the heavy lifting. The Seoul-based alternate holds 188,366 BTC price $11.97 billion, near two-thirds of its whole portfolio.
Behind that sits 1.713 million ETH price $3.06 billion and a retail-flavored tail of dogecoin (DOGE) and shiba inu ( SHIB), alongside Ondo Finance tokens that time to an energetic South Korean buying and selling base chasing each meme cash and tokenized real-world property ( RWAs). Arkham tracks 2.6 million addresses tied to Upbit.
Robinhood
Robinhood holds $18.6 billion in tracked property, led by 189,849 BTC price $12.07 billion and 1.672 million ETH price $2.99 billion. The place Robinhood stands aside is meme coin publicity.
The brokerage’s crypto arm holds 27.886 billion DOGE price $2.14 billion, the biggest dogecoin place of any alternate within the prime eight, plus a large SHIB stack and 38.616 trillion PEPE, a token that hardly registers wherever else on this checklist. Arkham tracks simply 1.6 million addresses linked to Robinhood, the smallest footprint on this evaluation, regardless of its multibillion-dollar reserve.
Bitfinex
Bitfinex holds $18.59 billion in tracked property, led by 163,598 BTC price $10.42 billion. However Bitfinex’s second greatest holding isn’t ethereum ( ETH).
It’s LEO, the alternate’s personal token, and the place is price $6.18 billion, greater than seven instances bigger than Bitfinex’s 470,476 ETH stack. Bitfinex additionally carries 53,222 XAUT, a tokenized gold asset price $220.96 million and never held in any significant dimension by some other alternate on this evaluation.
Kraken
Kraken holds $16.11 billion in tracked property, led by 163,033 BTC price $10.37 billion and 962,974 ETH price $1.72 billion. Kraken retains a diversified stablecoin guide throughout USDC and USDT, however the standout element is 396,027 ZEC price $178.03 million, a zcash place that places Kraken alongside Coinbase as one of many solely main exchanges holding a privateness coin in dimension.
Arkham tracks 7.1 million addresses tied to Kraken total.
Bybit
Bybit holds $13.99 billion in tracked property, led by 4.414 billion USDT price $4.41 billion and 60,013 BTC price $3.82 billion.
Its third greatest place is 2.517 billion MNT, the native token of the Mantle community, price $1.11 billion, a series intently tied to Bybit’s ecosystem. Arkham tracks 17.4 million addresses linked to Bybit.
What This Means for Merchants
For merchants and traders monitoring alternate well being, the largest sign is focus threat. All eight exchanges maintain at the least 40% of their reserves in bitcoin, ethereum or a serious stablecoin, an indication that almost all platforms nonetheless lean on the identical three asset classes no matter their dimension or regional base.
The handle counts tracked by Arkham additionally level to a divide between attain and reserve dimension. Coinbase and Binance lead with 68.5 million and 64.4 million addresses, respectively, whereas Robinhood holds the smallest handle rely within the group at 1.6 million regardless of rating fifth by whole greenback worth.
That hole reveals greenback holdings and consumer base dimension don’t transfer in lockstep throughout the trade, a distinction price watching as exchanges compete for each liquidity and market share heading into the subsequent stage of the cycle. For merchants sizing up the place the true cash sits, the totals inform solely a part of the story. What every alternate chooses to carry, and the way concentrated these holdings are, tells the remainder.
Contained in the Prime 12 Bitcoin Addresses: Who Holds 1.35 Million BTC
Twelve addresses on bitcoin’s wealthy checklist maintain a mixed 1,347,380 BTC, price roughly $85.2 billion at present costs close to $63,265.…
Contained in the Prime 12 Bitcoin Addresses: Who Holds 1.35 Million BTC
Twelve addresses on bitcoin’s wealthy checklist maintain a mixed 1,347,380 BTC, price roughly $85.2 billion at present costs close to $63,265.…
Contained in the Prime 12 Bitcoin Addresses: Who Holds 1.35 Million BTC
Twelve addresses on bitcoin’s wealthy checklist maintain a mixed 1,347,380 BTC, price roughly $85.2 billion at present costs close to $63,265.…
