Contemporary information from Arkham signifies that the third-largest Bitcoin holder’s deal with bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2 is managed by way of marketplace maker Leap Buying and selling and is saved at the Robinhood custodial carrier platform. Over the last 3 months, this deal with has accrued a complete of 118,300.2 BTC, similar to roughly $30.8 billion USD.
Moreover, information from BitInfoCharts supplies insights into the dominant Bitcoin protecting addresses.
One in all Binance’s chilly wallets, with an deal with of 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo, holds a considerable 248,597 BTC. In a similar fashion, Bitfinex, with its chilly pockets deal with bc1qgdjqv0av3q56jvd82tkdjpy7gdp9ut8tlqmgrpmv24sq90ecnvqqjwvw97, additionally possesses an quantity of 178,010 BTC. Those two addresses constitute one of the crucial biggest Bitcoin holdings.
Leap Crypto, a distinguished but enigmatic participant within the cryptocurrency realm, operates as a key department of the standard quantitative buying and selling powerhouse, Leap Buying and selling Team. The company has been related to important crypto occasions, together with the Terra Luna crash and the chapter of FTX.
In November 2022, rumors urged that Leap Crypto would possibly wind down its operations because of doable FTX-related losses. On the other hand, on November 17, Leap Crypto rapidly dispelled those rumors by way of a tweet, highlighting their powerful monetary status and announcing their standing as one of the well-capitalized entities within the crypto house. They additional emphasised that their dealings with FTX have been properly inside their possibility parameters.
Rapid ahead to March 3, 2023, Leap Crypto showcased its adeptness by way of addressing the Wormhole Exploit from February 2022. Using their good contracts, they controlled to reclaim roughly $195 million in stolen Ethereum. In partnership with Oasis, they changed the good contract’s common sense at the Oasis Community, making sure the protected go back of 120,000 stolen wrapped ETH. Whilst this transfer underscores Leap Crypto’s functions, it additionally sparks issues in regards to the doable misuse of such methods within the DeFi sector, posing questions in regards to the business’s trustworthiness.
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