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10 sats \ 4 replies \ @Cje95 OP 6 Oct 2024 \ parent \ on: Coinbase's Talks With TradFi Firms Pick Up as Crypto Becomes More Bipartisan Politics_And_Law
https://www.dlnews.com/articles/markets/bitcoin-creator-satoshi-nakamoto-and-coinbase-hold-most-btc/
They are double counting some coins....I dont know how accurate those numbers really are.
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Well the government number tracks and the general trend also seems correct. Given how we have seen the huge inflows in the ETFs
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It even says in that article that it was counting double on some coins depending on who owns them and where they are stored.
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Agreed it’s not perfect but I think it does give a sold reference. Coinbase is the place that would be doubled counted because of its custodial holding for BlackRock and Fidelity and how some coins the US government moves to sell are sent to Coinbase.
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