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Monday, February 3, 2025
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    HomeAll CoinsBitcoinBinance CEO's Chilly Storage Pockets Holds 1.28% of All Bitcoin

    Binance CEO’s Chilly Storage Pockets Holds 1.28% of All Bitcoin

    • Leonidas.io tweeted that CEX and mining swimming pools management the uncommon satellite tv for pc market.
    • The tweet was a response to Ord.io’s revelation {that a} chilly storage pockets managed by Binance’s CEO holds 1.28% of all BTC.
    • The pockets incorporates 3 uncommon sats, 12,394 unusual sats and 24,859,738,621,373 frequent sats.

    Famend Ordinals member Leonidas.og at this time shared a publish on Twitter claiming that Centralized Exchanges (CEX) and mining swimming pools management the uncommon satellite tv for pc market. Referring to a current tweet from Ordinals platform Ord.io that exposed a Bitcoin tackle holding 1.28% of all BTC, the Ordfluencer commented that the “motion is simply getting began.”

    Leonidas.og took to Twitter to state that “one after the other CEXs and mining swimming pools will get up and understand that they management huge swaths of the uncommon sat market”:

    The tweet got here in response to Ord.io’s publish which revealed that the biggest Bitcoin tackle, 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo, contained a large quantity of unusual Satoshis. The tweet said that the tackle was the Binance chilly storage pockets managed by Binance CEO Changpeng Zhao.

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    In line with revelations from Ord.io, the talked about BTC tackle incorporates 3 uncommon sats, 12,394 unusual sats, and 24,859,738,621,373 frequent sats, which altogether accounts for 1.28% of all Bitcoins. The tweet added that the 24.8 trillion sats held by the chilly pockets quantities to over $6.7 billion.

    In response to the tweet, Leonidas.og deduced that “0.81% of all Uncommon sats and 1.66% of all Unusual sats” have been below the management of Binance’s CEO. Different replies joked that Satoshi Nakamoto, the alleged pseudonymous founding father of BTC, would maintain a good larger variety of sats.

    In an analogous vein, Binance has been troubled by the change’s rising regulation, with the Commodity Futures Buying and selling Fee (CFTC) not too long ago accusing Binance and its CEO of buying and selling unregistered crypto derivatives. Since then, Zhao has confronted criticism, together with doubts about his reliability as a crypto ambassador.

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