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Binance's cold wallet holds nearly 250,000 BTC, the largest single Bitcoin address on the blockchain.

Market News
06 Oct 2026
Crypto Briefing
View Source
Neutral
Binance's cold wallet holds nearly 250,000 BTC, the largest single Bitcoin address on the blockchain.

A Binance cold wallet holds about 248,598 Bitcoin, representing 1.24% of the total circulating supply, making it the largest single Bitcoin address on the blockchain. This wallet has not sent any Bitcoin out since January 2023, indicating it is used for secure cold storage of customer funds. Binance also has a second cold wallet holding around 172,000 to 175,000 BTC. These large holdings highlight how exchanges dominate Bitcoin ownership at the address level and could impact market liquidity if liquidated. The steady inflow of deposits suggests users are increasingly leaving their coins on Binance rather than withdrawing them.

While Binance's cold wallets hold a massive amount of Bitcoin, Binance Coin (BNB) on Pluang trades at Rp13.992.313 as of Oct 06, 2026 16:21 WIB, showing a slight 0.76% decline over the past day. The market cap for BNB stands at Rp1.860,88 trillion with a 24-hour trading volume of Rp23,36 trillion. Pluang users currently lean more towards selling BNB, with 76% of order activity as sell and 24% as buy, and the typical holding period is 89 days.

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