The theme this week is "crypto holders and exchanges." Each week on Friday, we will explore one element of crypto and provide 2-5 relevant illustrative charts. Check back next week for data on "crypto use cases."
As of February 27, the monthly [cryptocurrency exchange] volume total stood at $1.05 trillion. That represents an increase of $143.9 billion — or 15.9% — from January when the previous monthly high was registered.
Coinbase is the largest cryptocurrency exchange in the U.S. It’s valued at more than $100 billion, and commands roughly 11% of the entire crypto market (Note: graph is U.S. centric).
Roughly 50% of bitcoin holders maintain .001 BTC or less. According to today’s BTC price, that is $56.
Sources
https://www.theblockcrypto.com/data/crypto-markets/spot
https://www.theblockcrypto.com/linked/96472/monthly-crypto-exchange-volu...
https://coinmetrics.io/the-business-trends-of-crypto-exchanges/
https://www.nasdaq.com/articles/9-numbers-to-know-about-coinbase-before-...
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
