NewsLayer.com
NewsLayer PulseLIVEBTC$86,060+0.52%ETH$2,709+0.19%SOL$121.01+1.28%XRP$1.51+0.87%DOGE$0.0956+1.05%ADA$0.2731+1.82%Total Cap$2.89T-0.47%Layer Index50 Neutral

Binance cold wallet holds nearly 250,000 Bitcoin, ranking first

The single largest Bitcoin address on the blockchain belongs to Binance. According to Arkham Intelligence, a Binance cold wallet holds approximately 248,598 BTC as of July 4, 2026.

TradingView

Publisher

Oct 6, 2026 at 9:13 AM UTC · 2 dk okuma

Binance cold wallet holds nearly 250,000 Bitcoin, ranking first
Image via TradingView

Entities

bitcoin, binance

Market Impact

BTC+0.52%$86,060

Last Updated

5 saat önce

Çevriliyor…

The single largest Bitcoin address on the blockchain belongs to Binance. According to Arkham Intelligence, a Binance cold wallet holds approximately 248,598 BTC as of July 4, 2026.

That works out to about 1.24% of Bitcoin's circulating supply, parked in one address.

The address in question is 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo. It first began receiving funds on October 18, 2018.

Since then, it has logged 5,531 inbound transactions. The most recent deposit landed on or around July 3, 2026, according to Arkham's data.

Outbound activity tells a very different story. The wallet has not sent a single transfer out since January 7, 2023.

That pattern is typical of cold storage. A cold wallet keeps its private keys offline, away from internet-connected systems that hackers can reach.

The top wallet is not Binance's only entry near the summit. A second cold wallet linked to the exchange, at address 3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6, reportedly holds between 172,000 and 175,000 BTC.

The broader leaderboard shows how top-heavy Bitcoin ownership looks at the address level. Arkham's figures indicate the twelve largest Bitcoin addresses together hold about 1.35 million BTC, equal to around 6.72% of the total supply.

Market Context

Bitcoin

BTC

$86,061

+0.52% (24H)

Market Cap

$1.73T

24H Volume

$21.4B

24H High

$86,473

View Bitcoin Market Page

Article Intelligence

Key Entities

Related Coverage

View all related

Sponsored

Ad
House — Advertise on NewsLayer
NewsLayerLearn more

NewsLayer Premium

Unlock deeper intelligence.

Ad-free reading, exclusive research, and real-time onchain insights.

Go Premium