47 Out Of Every 100 Bitcoin Mined Stored By One Custodian: Analyst

April 11, 2024, 4 a.m. 8 months, 1 week ago

47 Out Of Every 100 Bitcoin Mined Stored By One Custodian: Analyst. On-chain analysis now reveals that a single anonymous custodian, believed to be Cobo Custody, plays a crucial role in the Bitcoin network. In a post on X, one analyst said the custodian controls the Coinbase addresses of at least nine mining pools, cumulatively contributing at least 47% of the …


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