**Coinbase holds $25 billion in BTC, almost as much as Satoshi Nakamoto, the network founder **

In a September 22 post on X (formerly Twitter), Blockchain intelligence platform Arkham Intelligence recently identified that crypto exchange Coinbase holds almost 1 million Bitcoin (BTC) in its wallets.

At the moment, Bitcoin’s circulating supply is around 19,493,537, according to coin information website CoinGecko. According to Arkham, the exchange’s holdings amount to almost 5% of all existing Bitcoin, holding a total of 947,755 BTC (USD $25 billion at current market prices for BTC).

Arkham labeled Coinbase as the “largest Bitcoin entity in the world”. These Bitcoin holdings primarily represent reserves safeguarded on behalf of their customers.

Furthermore, Arkham also noted that it tagged and identified 36 million Bitcoin deposit and holding addresses used by the exchange. According to Arkham, Coinbase’s largest cold wallet holds around 10,000 BTC.

Based on the exchange’s financial reports, the intelligence company believes that Coinbase has more Bitcoin that are not yet labeled and could not be identified.

While Coinbase holds over $25 billion in BTC in its wallets, the exchange only owns around 10,000 of all the Bitcoin it holds, which is worth roughly $200 million, according to recent data.

When it comes to Bitcoin ownership by companies, business intelligence firm MicroStrategy still owns the most BTC. In earnings results posted on Aug. 1, the firm’s co-founder Michael Saylor declared that the company owns 152,800 BTC, worth over $4 billion at the time of writing.

¿Is it a sign to withdraw our BTC from exchanges without to wait until exchanges start to halt withdrawals?

Or since there are legitimate concerns over cold wallets, ¿is there no good way to store our assets?