Crypto exchange holdings are under the microscope after FTX collapse — Nansen released an overview of on-chain asset holdings of seven major CEX platforms.
The assets and net worth of the exchanges is the sum of holdings in wallet addresses provided by the firms on blockchains that Nansen monitors.
The analytics platform also notes that the figures are not an “exhaustive or complete statement of the actual assets/reserves held.”Binance, widely regarded as the largest global exchange by transaction volume, holds around $64.3 billion worth of assets across the Bitcoin, Ethereum, TRON and BNB blockchains. This eclipses the other exchanges by a substantial amount.
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