Binance Tops Exchanges with $130.1B in On-Chain Reserves

Arkham Intelligence’s wallet-level explorer logged on July 6, 2026 shows Binance held $130.1 billion in tracked on-chain assets. The ranking lists the eight largest exchanges by real-time wallet balances rather than self-reported reserves.

Binance’s holdings are led by bitcoin and large dollar-pegged tokens. Arkham records 673,071 BTC (about $42.8 billion), 40.98 billion USDT and 7.68 billion USDC. Smaller positions in USD1 and USYC raise Binance’s dollar-pegged total to nearly $58 billion. Binance holds 4.09 million ETH and 3.306 million wrapped staked ether (WBETH). Arkham links 64.4 million addresses to Binance.

Coinbase appears second with $87.96 billion in tracked assets. The exchange holds 975,503 BTC (about $62.03 billion), 4.146 million ETH and 11.69 billion USDC. Arkham’s data show Coinbase holds 1.181 million ZEC and other token positions. The explorer links 68.5 million addresses to Coinbase.

OKX shows $23.21 billion in tracked assets with stablecoins as its largest position. Arkham records 9.337 billion USDT (about $9.34 billion), 124,316 BTC (about $7.92 billion) and 1.193 million ETH. OKX’s combined USDC and USDG positions total about $1.45 billion. Arkham links 29.4 million addresses to OKX.

South Korea’s Upbit holds $19.12 billion in tracked assets. Arkham lists 188,366 BTC (about $11.97 billion) and 1.713 million ETH. The exchange’s tracked reserves include meme coins such as DOGE and SHIB and tokenized real-world asset exposure tied to Ondo Finance. Arkham associates 2.6 million addresses with Upbit.

Robinhood’s tracked on-chain reserves total $18.6 billion. Arkham records 189,849 BTC (about $12.07 billion), 1.672 million ETH and large meme-token positions, including 27.886 billion DOGE (about $2.14 billion), material SHIB holdings and 38.616 trillion PEPE. Arkham links 1.6 million addresses to Robinhood.

Bitfinex shows $18.59 billion in tracked assets, including 163,598 BTC (about $10.42 billion) and 470,476 ETH. The exchange holds 6.18 billion in LEO, its native token, and 53,222 XAUT tokenized gold units (about $221 million) according to the snapshot.

Kraken’s tracked assets total $16.11 billion. Arkham records 163,033 BTC (about $10.37 billion), 962,974 ETH and 396,027 ZEC (about $178 million). The explorer ties 7.1 million addresses to Kraken.

Bybit holds $13.99 billion in tracked on-chain assets. Arkham lists 4.414 billion USDT (about $4.41 billion), 60,013 BTC (about $3.82 billion) and 2.517 billion MNT (about $1.11 billion). The platform is linked to 17.4 million addresses in Arkham’s data.

Arkham’s snapshot shows each of the eight exchanges carries at least 40% of reserves in bitcoin, ethereum or a major stablecoin. The explorer also highlights differences between address counts and dollar reserves, with Coinbase and Binance having the largest address footprints and Robinhood having a relatively small address count despite multibillion-dollar holdings. The data reflect on-chain wallet balances at a specific point in time and do not rely on exchanges’ published reserve figures.