KuCoin CEO Debunks Rumor that the Exchange Has Only 300 Bitcoin, States On-Chain Tools Can’t Track Unlabeled Exchange Wallets

KuCoin CEO Debunks Rumor that the Exchange Has Only 300 Bitcoin, States On-Chain Tools Can’t Track Unlabeled Exchange Wallets


Ethereum World News
2022-07-04 18:03:12

Summary: KuCoin CEO, Johnny Lyu, has debunked another rumor that the exchange only has 300 Bitcoin in its wallets. According to Mr. Lyu, popular tracking tools cannot identify exchange addresses because many are not labeled. He was responding to another tweet that showed that KuCoin had over 16,000 Bitcoin in its wallets. KuCoin CEO, Johnny Lyu, has debunked another rumor that the crypto exchange has only 300 Bitcoin in its wallets. According to Mr. Lyu, the on-chain tracking tools currently […]