Wallets of eight major cryptocurrency exchanges store almost 7% of the entire circulating supply of Bitcoin (BTC), according to Twitter account of The Token Analyst.
Estimated 1.2 million coins is held in the wallets of eight major exchanges, which were described as “the biggest HODLers.”
Huobi Group helds the most amount of BTC in its wallets. Binance and BitMEX are battling it out for second place.
The word HODL was coined on BitcoinTalk on Dec. 18, 2013. Its author was a member named GameKyuubi, who created the thread “I AM HODLING”. Since then, writing this word with a mistake has become especially popular among crypto community.