Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
If Binance really holds 0.5M BTC this will always be a risk, of course. But did they do a prove of reserve? I wouldn't be surprised if they lied to everyone. But even then, FTX had almost no Bitcoin at all and the Bitcoin marked still crashed.
They do. But I am not sure how I can verify it. You can check it from here https://www.binance.com/en/proof-of-reserves
Instead of checking their own claimed proof of reserve, I collected their Bitcoin Wallet data. Check the data below
Address 1- https://blockchair.com/bitcoin/address/34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo 248,597.39 BTC
Address 2- https://blockchair.com/bitcoin/address/38Xnrq8MZiKmYmwobbYdZQ5nnCbX1qvQfE 117,351.06 BTC
Address 3- https://blockchair.com/bitcoin/address/38DN2uFMZPiHLHJigfv4kWC9JWJrNnhLcn 40,041.05 BTC
Address 4- https://blockchair.com/bitcoin/address/bc1qm34lsc65zpw79lxes69zkqmk6ee3ewf0j77s3h 38,802.05 BTC
Address 5- https://blockchair.com/bitcoin/address/3LQUu4v9z6KNch71j7kbj8GPeAGUo1FW6a 37,926.98 BTC
Address 6- https://blockchair.com/bitcoin/address/3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6 37,326.42 BTC
Address 7- https://blockchair.com/bitcoin/address/3FHNBLobJnbCTFTVakh5TXmEneyf5PT61B 31,275.35 BTC
Address 8- https://blockchair.com/bitcoin/address/3Qxak1CZhLyZ7GVckKphLURdLBCjMfz9bA 17,669.23 BTC
Address 9- https://blockchair.com/bitcoin/address/34HpHYiyQwg69gFmCq2BGHjF1DZnZnBeBP 16,306.63 BTC
Address 10- https://blockchair.com/bitcoin/address/36zSLdRv1jyewjaC12fqK5fptn7PqewunL 10,031.96 BTC
Address 11- https://blockchair.com/bitcoin/address/3EbJfpmFgufYtzW9UFvf1GAfm2ted1Rwnr 3,821.08 BTC
There are a few more addresses currently holding less than 3000 BTC each. These are the major Wallets currently holding 599,148 BTC.
All of them are on-chain. They also hold some Shitcoin like wrapped Bitcoin, Bitcoin on BSC chain etc etc.
Nice work and you now have 501 merits.
Oh wow phil
Thank you very much for the final touch.
I have to wait four more weeks to rank up.
But, I am wondering why you decided to break the 500 Figure
