Security· ★★★★· bearish·

Glassnode: Public Keys Exposed for 31.2% of Bitcoin Supply Amid Quantum Risk

  • —Public keys are exposed for 6.26 million BTC, or 31.2% of supply, up from 24.8% in early 2021
  • —4.33 million BTC are exposed via address reuse, while 1.94 million BTC come from P2PK and Taproot formats
  • —1.1 million BTC of the exposed supply is attributed to Satoshi Nakamoto
  • —Binance has 83% of its BTC balance exposed, Coinbase 10% and Bitfinex 100%
Why it matters: Large holders may start moving bitcoin to new addresses, potentially boosting on-chain activity and market pressure.
#BTC
Source: CoinPost
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