Over 6 million bitcoin sit behind exposed public keys as AI warnings mount
4 Articles
4 Articles
🚨 31.2% of the circulating Bitcoin supply is monitored via visible public keys, and this situation fuels the security debate for $BTC. 📊 Since May, the visible supply has increased by 222,000 BTC, with exchanges' share reaching 1.79 million BTC. 🏦 A large difference has emerged between institutions; Coinbase remains at 10%, while Binance has reached 83%. 🤖 Justin Drake argued that the industry should prepare for potential cryptographic risks…
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Crypto EconomyGlassnode Co-Founder Says 6M+ BTC Sit Behind Exposed Public Keys
TL;DR More than 6 million BTC, or 31.2% of circulating supply, sit behind public keys already visible onchain, according to Glassnode co-founder Rafael Schultze-Kraft. Exposed supply rose by 222,000 BTC since May, with exchanges accounting for 123,000 BTC and holding 1.79 million BTC behind visible...
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