As per recent reports, crypto giant Binance has now become the largest Bitcoin reserve holder for the first time ever. An “ប្រាក់បម្រុង” is an indicator that indicates the total quantity of Bitcoin that is currently stored in the wallets of a centralized exchange.
What It Actually Indicates
When this metric’s value increases, it indicates that investors are currently depositing their coins to the exchange. On the other side, a decline means that holders are currently withdrawing their BTC from that exchange. Here is a graph that displays the trends in the reserves held by the major market platforms for Bitcoin over the past few years.
As can be seen from the above graph, the Bitcoin exchange reserves of almost all the major players have been declining sharply recently.
Rise Of A Clear Winner
The fall of FTX is the root cause of this rapid downward trend that has been occurring. Investors all over the market have become increasingly skeptical of centralized exchanges as a result of the bankruptcy of FTX.
អានបន្ថែម: SBF លាលែងពីតំណែង លោក John Ray III ចូលរួមជានាយកប្រតិបត្តិ FTX ថ្មី។
Therefore, they have been making considerable withdrawals in order to store their coins in wallets for which they hold the keys. However, one crypto exchange in particular has exhibited a very remarkable development. In contrast to the other exchanges, Binance’s reserve has actually increased during this period.
បន្ទាប់ពីការដួលរលំនៃ FTX, Binance first noticed a significant decline in their reserve as well, but recently the exchange has seen a considerable rise in deposits. The exchange’s Bitcoin reserve has recently experienced a rapid increase that has not only more than made up for the prior drop but also well exceeded it.
The treasuries of Coinbase, which had previously held the title of being the largest exchange in terms of BTC reserves, have been surpassed by Binance’s reserves, which have now reached a new all-time high.
ប្រតិកម្មទីផ្សារ
At the time of composing, the price of Bitcoin is hovering at $16,000, a 4% decrease from the previous week. The value of the crypto king has decreased by 16% over the past 30 days.
ខ្លឹមសារដែលបានបង្ហាញអាចរាប់បញ្ចូលទាំងគំនិតផ្ទាល់ខ្លួនរបស់អ្នកនិពន្ធនិងស្ថិតក្នុងស្ថានភាពទីផ្សារ។ ធ្វើការស្រាវជ្រាវទីផ្សាររបស់អ្នកមុនពេលវិនិយោគលើគ្រីបគ្រីប។ អ្នកនិពន្ធឬការបោះពុម្ពផ្សាយមិនទទួលខុសត្រូវចំពោះការបាត់បង់ហិរញ្ញវត្ថុផ្ទាល់ខ្លួនរបស់អ្នកទេ។
Source: https://coingape.com/binance-overtakes-coinbase-largest-bitcoin-reserve-holder/