More than 10% of Bitcoin in circulation held on five centralized exchanges.

Five major centralized exchanges hold about 10.6% of the circulating Bitcoin supply, according to Chain.info.

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Collectively, Coinbase, Huobi, Binance, OKEx and Kraken hold more than 1.96 million BTC.

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Source: Chain.info.

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Coinbase leads by a wide margin. At the time of writing, 4.39 million wallets hold 944,904 BTC.

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Huobi stores 323,665 BTC across 901,500 addresses, Binance — 289,961 BTC across 2.68 million wallets.

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The second quintet of the top ten exchanges by the volume of stored Bitcoin holds 271,309 BTC.

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Earlier, Chainalysis specialists concluded that 3.72 million issued bitcoins are likely irretrievably lost. Taking this into account, nearly 15% of available BTC are stored on five exchanges.

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Coin Metrics researchers found that, in the event of arrest of two of the three BitMEX founders, users would not be able to withdraw bitcoins from the exchange. On October 1, BitMEX co-founder Samuel Reed was arrested in the United States; a few days later he was released on bail of $5 million.

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