Binance cold wallet holds nearly 250,000 Bitcoin, ranking first

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Binance’s cold wallet holds nearly 250,000 BTC, making it the largest identified Bitcoin wallet by balance. The concentration reflects Binance’s role as a major custodian and exchange, rather than necessarily representing assets owned by the company. It underscores the scale of Bitcoin held in centralized custody and the potential market and operational significance of a large exchange-controlled wallet.

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