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As of Sept. 30, Coinbase held 2,000,000 Bitcoin

Most exchanges are publishing their Proof-Of-Reserves, motivated by the need for transparency, underlined in so many tweets by Binance‘s CEO Changpeng Zhao.
Replying to a tweet from CZ that has since been deleted, Coinbase’s CEO Brian Armstrong took to Twitter that, as a publicly-traded company, Coinbase was obliged to publish their numbers. At the end of the third quarter, Coinbase was holding around 2,000,000 Bitcoin, i.e 10% of the total supply, worth approximately $39.9 billion as of Sept. 30.

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