{"id":510169,"date":"2022-11-15T13:54:16","date_gmt":"2022-11-15T10:54:16","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/ftx-debacle-sees-nansen-take-stock-of-major-exchange-onchain-holdings\/"},"modified":"2022-11-15T13:54:16","modified_gmt":"2022-11-15T10:54:16","slug":"ftx-debacle-sees-nansen-take-stock-of-major-exchange-onchain-holdings","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/ftx-debacle-sees-nansen-take-stock-of-major-exchange-onchain-holdings\/","title":{"rendered":"# FTX debacle sees Nansen take stock of major exchange onchain holdings"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4012fc56c7a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4012fc56c7a\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/ftx-debacle-sees-nansen-take-stock-of-major-exchange-onchain-holdings\/#%E2%80%9D_FTX_debacle_sees_Nansen_take_stock_of_major_exchange_onchain_holdings_%E2%80%9C\" >&#8221; FTX debacle sees Nansen take stock of major exchange onchain holdings  &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_FTX_debacle_sees_Nansen_take_stock_of_major_exchange_onchain_holdings_%E2%80%9C\"><\/span>&#8221; FTX debacle sees Nansen take stock of major exchange onchain holdings  &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvZGQ1NDk1ZjQtZWIyZC00NDc2LWJmODgtZTkxMTFhYjgwMDc4LkpQRw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-e13e51fa>The collapse of cryptocurrency exchange FTX has put industry peers under the microscope with calls for transparent accounts of token holdings and assets under management.<\/p>\n<p>Major cryptocurrency exchanges like Binance, Huobi, OKX and Crypto.com have made efforts to share details of their assets and portfolios to assuage the wider space. This comes after investor confidence has been shaken, with users across the ecosystem moving Bitcoin (BTC) and other tokens off exchanges to avoid potential contagion from the FTX fallout. <\/p>\n<p>Blockchain analytics platform Nansen provides industry insights and is known for its wallet labeling features that track addresses across multiple blockchains. In a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of Tweets posted on Nov. 15, Nansen listed seven major exchanges, their relevant portfolios and explanatory statements of accounts.<\/p>\n<p><strong><em>Related:\u00a0Bitfinex CTO releases proof of reserves amid FTX bankruptcy fiasco<\/em><\/strong><\/p>\n<p>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 \u201cexhaustive or complete statement of the actual assets\/reserves held.\u201d<\/p>\n<p>The exchanges accounted for include Binance, Crypto.com, OKX, KuCoin, Deribit, Bitfinex and Huobi.<\/p>\n<p>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. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">3\/ <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/binance?ref_src=twsrc%5Etfw\">@binance<\/a> portfolio: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/mdsVyJNKYZ\">https:\/\/t.co\/mdsVyJNKYZ<\/a><\/p>\n<p>Current holdings: $64.3B (removed Binance Bridge pegged tokens, only include their original assets)<\/p>\n<p>Chains:<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Tron?src=hash&amp;ref_src=twsrc%5Etfw\">#Tron<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BNBChain?src=hash&amp;ref_src=twsrc%5Etfw\">#BNBChain<\/a><\/p>\n<p>Binance statement:<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/BpTv4wpQwO\">https:\/\/t.co\/BpTv4wpQwO<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/cgrP2MXh4s\">pic.twitter.com\/cgrP2MXh4s<\/a><\/p>\n<p>\u2014 Nansen  (@nansen_ai) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/nansen_ai\/status\/1592357267625558016?ref_src=twsrc%5Etfw\">November 15, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Bitfinex has the second largest asset holdings in reserve of the seven exchanges according to data provided by the company. $8.23 billion of assets are held across the Bitcoin, Ethereum, Polygon, TRON, Solana, Acala, Avalanche, Cosmos, Fantom, Near, Terra and Terra Classic blockchains.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">9\/ <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/HuobiGlobal?ref_src=twsrc%5Etfw\">@HuobiGlobal<\/a> portfolio: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/ck3ML981rz\">https:\/\/t.co\/ck3ML981rz<\/a><\/p>\n<p>Current holdings: $3.31B<\/p>\n<p>Chains:<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Polygon?src=hash&amp;ref_src=twsrc%5Etfw\">#Polygon<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&amp;ref_src=twsrc%5Etfw\">#TRON<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Solana?src=hash&amp;ref_src=twsrc%5Etfw\">#Solana<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Avalanche?src=hash&amp;ref_src=twsrc%5Etfw\">#Avalanche<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Cosmos?src=hash&amp;ref_src=twsrc%5Etfw\">#Cosmos<\/a><\/p>\n<p>Huobi&#8217;s statement: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/vBf7Y2V4Nc\">https:\/\/t.co\/vBf7Y2V4Nc<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/vcM6xoaXfQ\">pic.twitter.com\/vcM6xoaXfQ<\/a><\/p>\n<p>\u2014 Nansen  (@nansen_ai) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/nansen_ai\/status\/1592357312684957696?ref_src=twsrc%5Etfw\">November 15, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Huobi&#8217;s assets amount to a traced $3.3 billion across eight different chains. OKX reportedly holds $5.84 billion in cryptocurrency assets across the Bitcoin, Ethereum, Polygon, Arbitrum, TRON and Avalanche blockchains.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">5\/ <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/okx?ref_src=twsrc%5Etfw\">@okx<\/a> portfolio: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/fkfUzbAusT\">https:\/\/t.co\/fkfUzbAusT<\/a><\/p>\n<p>Current holdings: $5.84B<\/p>\n<p>Chains:<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Polygon?src=hash&amp;ref_src=twsrc%5Etfw\">#Polygon<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Arbitrum?src=hash&amp;ref_src=twsrc%5Etfw\">#Arbitrum<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/TRON?src=hash&amp;ref_src=twsrc%5Etfw\">#TRON<\/a><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Avalanche?src=hash&amp;ref_src=twsrc%5Etfw\">#Avalanche<\/a><\/p>\n<p>OKX&#8217;s statement:<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/jmEfmntgg3\">https:\/\/t.co\/jmEfmntgg3<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/1TYCRfErrn\">pic.twitter.com\/1TYCRfErrn<\/a><\/p>\n<p>\u2014 Nansen  (@nansen_ai) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/nansen_ai\/status\/1592357282540445702?ref_src=twsrc%5Etfw\">November 15, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Crypto.com holds an estimated $2.36 billion in assets across seven chains. KuCoin addresses account for $2.65 billion in assets on eight different blockchains and Deribit holds around $1.46 billion worth of assets on the Bitcoin, Ethereum and Solana blockchains.<\/p>\n<p>Nansen co-founder and CEO Alex Svanevik told Cointelegraph that the firm is planning to publish preliminary findings on the FTX situation this week. Nansen previously\u00a0unpacked onchain findings\u00a0after the\u00a0cataclysmic collapse of the Terra ecosystem in May 2022.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/ftx-debacle-sees-nansen-take-stock-of-major-exchange-onchain-holdings\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; FTX debacle sees Nansen take stock of major exchange onchain holdings &#8220; The collapse of cryptocurrency exchange FTX has put industry peers under the microscope with calls for transparent accounts of token holdings and assets under management. Major cryptocurrency exchanges like Binance, Huobi, OKX and Crypto.com have made efforts to share details of their&#8230;<\/p>\n","protected":false},"author":1,"featured_media":510170,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvZGQ1NDk1ZjQtZWIyZC00NDc2LWJmODgtZTkxMTFhYjgwMDc4LkpQRw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[79806,88725,74862,74894,74860,120470,74891,75917,74939,75164],"class_list":["post-510169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-analysis","tag-assets","tag-bitcoin","tag-blockchain","tag-cryptocurrency-exchange","tag-digital-asset-holdings","tag-ethereum","tag-exchanges","tag-market-analysis","tag-price-analysis"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/510169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=510169"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/510169\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/510170"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=510169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=510169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=510169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}