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Bitcoinist
2019-12-02 11:00:36

Recipe for Disaster: Major Bitcoin Exchanges Hold 1.9M BTC

With eight major bitcoin exchanges reportedly holding more than 1.925 million BTC (about $14 billion), crypto investor and entrepreneur, Trace Mayer, highlights the dangers of such massive hoards. Cause for Crypto Concern Tweeting on Monday (December 2, 2019), Mayer reasoned that these massive BTC holdings in Bitcoin exchange wallets were a danger to the industry. According to Mayer, these BTC hoards are “just waiting to be lost like so many others.” 1.925m+ #Bitcoin supposedly beingRead MoreThe post Recipe for Disaster: Major Bitcoin Exchanges Hold 1.9M BTC appeared first on Bitcoinist.com.