Nearly 1 million Bitcoins worth $8.4 billion now held in Coinbase’s cold storage wallets

Nearly 1 million Bitcoins worth $8.4 billion now held in Coinbase’s cold storage wallets | CryptoSlate

San Francisco-based crypto exchange Coinbase is reportedly holding nearly 1 million Bitcoin (BTC) in its cold storage wallets. While digital currency exchanges have been known to fake trading volume, it appears that the amount of funds held in offline storage provides a better picture. Coinbase is currently holding 983,706.78 BTC, or presently over $8.4 billion, …