Binance CEO’s Cold Storage Wallet Holds 1.28% of all Bitcoin

• Leonidas.io tweeted that the CEXs and mining pools control the rare sat market.
• The tweet was a response to Ord.io’s revelation that a cold storage wallet controlled by the Binance CEO holds 1.28% of all BTCs.
• The wallet holds 3 rare sats, 12,394 uncommon sats, and 24,859,738,621,373 common sats.

A renowned Ordinals member Leonidas.og shared a Twitter post today asserting that centralized exchanges (CEX) and mining pools control the rare sat market. Referring to a recent tweet by the Ordinals platform Ord.io that revealed a Bitcoin address holding 1.28% of all BTCs, the Ordfluencer commented that the “movement has only just begun”.

Leonidas.og took to Twitter to state that “one by one, CEXs and mining pools will wake up and realize that they control vast swaths of the rare sat market”:

One by one, CEXs and mining pools will wake up and realize that they control vast swaths of the rare sat market.

This movement has only just begun. https://t.co/pb1SsPQJCp

— Leonidas.og (@LeonidasNFT) June 4, 2023

The tweet came in response to Ord.io’s post that revealed that the largest Bitcoin address, 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo, held a massive amoun…

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