Plan ₿ Forum 2026 · Lugano · Oct 23–24
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BTC wallets

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Where bitcoin sits: whale moves, long-term holders, exchange reserves, large on-chain transfers (Whale Alert), Bitcoin news and the biggest holder groups. Public sources only. A snapshot, not advice.

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Which wallet to choose: our picks and ratings

This is our opinion, not advice and not an ad: links go straight to the official sites, with no referral codes. Scores follow the rules below, so you can check them.

Discuss
Trezor Safe 3 (Bitcoin-only) (image from the maker's official site)
Our pick for a first hardware wallet

Trezor Safe 3 (Bitcoin-only)

Cheapest open-source option with a Bitcoin-only firmware, a simple app and a big user community. Buy the Bitcoin-only edition from the official store.

BitBox02 (Bitcoin-only) (image from the maker's official site)
Easiest to set up

BitBox02 (Bitcoin-only)

Costs more, but setup is the shortest we know and the backup to microSD is hard to get wrong.

$167 (Nova $196)Official site →
Coldcard Mk5 / Q (image from the maker's official site)
For large savings

Coldcard Mk5 / Q

Bitcoin-only, open source and can stay fully offline. Not for the first day: take time to learn it.

Mk5 $219 · Q $319 (sale)Official site →
Safely (phone app) (image from the maker's official site)
For small amounts on a phone

Safely (phone app)

Open source and independently audited (Least Authority, Sep 2026), no sign-up, and no need to keep the recovery phrase only on paper. It is new (launched 16 Sep 2026) and a phone is online, so keep savings on a hardware wallet.

Founded by Oleg Andreev, previously co-founder of the Tonkeeper wallet; made by Tread Safely Inc. (Delaware, USA). safely.app · Press release, 14 Oct 2026 · Least Authority audit · Source code (GitHub)

Rating table

WalletSecurityEasePriceBest for
Blockstream Jade
Blockstream Jade
Hardware wallet
5
open source · Bitcoin-only · offline signing
3
USB, Bluetooth or fully offline with QR codes; tiny screen and buttons take some getting used to.
5offline signing for little money
4
open source · Bitcoin-only
4
Plug in by USB-C and follow the Trezor Suite app; small monochrome screen.
5a first hardware wallet on a budget
Safely (phone app)
Safely (phone app)
Phone app (hot wallet)
3
open source · Bitcoin-only
5
iPhone and Android app, no sign-up; the recovery phrase is backed up end-to-end encrypted across the devices you link.
5small amounts on your phone
SeedSigner (DIY)
SeedSigner (DIY)
Hardware wallet
5
open source · Bitcoin-only · offline signing
1
You build it yourself from a Raspberry Pi Zero and load the seed every time you switch it on.
5tinkerers who want no supply-chain trust
Keystone 3 Pro
Keystone 3 Pro
Hardware wallet
4
open source · multi-coin · offline signing
4
Big touchscreen and fingerprint unlock; talks to the phone through QR codes.
4a big screen, if you also hold other coins
4
open source · Bitcoin-only
5
Very short setup in the BitBoxApp, backup goes to a microSD card; the Nova adds Bluetooth for iPhone.
3the simplest setup
Coldcard Mk5 / Q
Coldcard Mk5 / Q
Hardware wallet
5
open source · Bitcoin-only · offline signing
2
Built for experienced users: many security options, usually used fully offline with a microSD card or NFC.
3large savings, experienced users
5
open source · Bitcoin-only · offline signing
4
Phone-like design; signs by scanning QR codes with its camera, so no cable is needed.
1offline signing with a friendly design
2
closed parts · multi-coin
4
Ledger Live app is easy, Bluetooth on Nano X and Flex; Nano S Plus does not work with iPhone.
5people who also hold many other coins
Bitkey (Block)
Bitkey (Block)
Hardware wallet
3
closed parts · Bitcoin-only
5
No seed phrase to write down: a 2-of-3 setup with the device, your phone and Block's recovery server; fingerprint unlock.
2people who fear losing a seed phrase
How we score
  • Security (computed from facts): 2 points if keys stay on a separate offline device (a phone app gets 1, because a phone is online), +1 open-source code anyone can check, +1 Bitcoin-only firmware or app (fewer features, less to attack), +1 can sign fully offline by QR code or microSD.
  • Ease (our editorial score): how quickly a first-timer can set it up, back it up and send a payment. The reason is written under each score.
  • Price (computed): cheapest model at the official store. Free or up to $70 = 5, up to $150 = 4, up to $220 = 3, up to $260 = 2, more = 1.
  • Table order: security counts double, then ease and price.
  • The table is the formula. Our picks above also weigh what a formula can't: how forgiving a device is for a first-timer, the app and support, and how long the maker has been around. That is why they can differ from the table order.

Prices in USD from the official stores before shipping and tax, checked 9 Oct 2026 (Ledger and Safely 21 Oct 2026); they change often. Product images: the makers' official sites and the Safely press kit, shown to identify each product. Not financial advice.

Cold wallets

Ways to keep bitcoin offline, away from exchanges and the internet. Educational overview, not advice or an ad.

Discuss
Our picks and ratings ↑Security guides: backups, multisig, inheritance, verifying firmware, your own node →

Hardware wallets

A hardware wallet is a small device that keeps your keys offline. Every payment has to be confirmed on the device itself, so a virus on your computer or phone can't move your coins.

Trezor Safe 3 / Safe 5 (image from the official site)
Bitcoin-only editionOpen sourceConnects by cable/radio

Both models come in a Bitcoin-only edition; Safe 5 has a colour touchscreen and a microSD slot. A newer Safe 7 is also on sale.

Connection
USB-C
Price
Safe 3 $59 · Safe 5 $129
Official site →
Ledger Nano S Plus / Nano X / Flex (image from the official site)
Multi-coinPartly closed sourceConnects by cable/radio

Multi-coin, not Bitcoin-only. The secure chip's code is closed source. Nano S Plus does not work with iPhone.

Connection
USB-C · Bluetooth (Nano X, Flex) · NFC (Flex)
Price
see official site
Official site →
Coldcard Mk5 / Q (image from the official site)
Bitcoin-onlyOpen sourceAir-gapped

Bitcoin-only, open source, air-gapped: it can be used without ever plugging into a computer. The Mk5 has replaced the Mk4. Update the firmware on arrival, as the maker advises.

Connection
microSD · NFC · QR (Q) · USB-C
Price
Mk5 $219 · Q $319 (sale price, list $269 / $369)
Official site →
BitBox02 Bitcoin-only / BitBox02 Nova (image from the official site)
Bitcoin-only editionOpen sourceConnects by cable/radio

Swiss-made. Backup to a microSD card. Sold in a separate Bitcoin-only edition.

Connection
USB-C · Bluetooth (Nova, iPhone) · microSD backup
Price
BitBox02 $167 · Nova $196
Official site →
Foundation Passport Prime (image from the official site)
Bitcoin-onlyOpen sourceAir-gapped

US-made, open hardware and software. Can sign by scanning QR codes with its camera, so no cable is needed. Also stores 2FA codes and files.

Connection
QR camera · NFC · USB-C · Bluetooth
Price
$349
Official site →
Blockstream Jade / Jade Plus (image from the official site)
Bitcoin-onlyOpen sourceAir-gapped

From Blockstream. Works over USB or Bluetooth, or fully offline via QR codes. Supports Bitcoin and Blockstream's Liquid network only.

Connection
QR camera · USB-C · Bluetooth
Price
Jade $67 · Jade Plus $149–169 (Jade on sale, list $79)
Official site →
Keystone 3 Pro (image from the official site)
Multi-coinOpen sourceAir-gapped

Big touchscreen and fingerprint unlock. Talks to your phone only through QR codes in air-gapped mode. Supports many coins, not only Bitcoin.

Connection
QR camera · microSD · USB-C
Price
$149
Official site →
Bitkey (Block) (image from the official site)
Bitcoin-onlyPartly closed sourceConnects by cable/radio

Made by Block (Jack Dorsey's company). A 2-of-3 multisig with no seed phrase: one key on the hexagonal device (unlocked by fingerprint), one in the phone app, and one on Block's server for recovery. Any two keys sign, so Block alone cannot move your coins, and losing the phone or the device can be recovered. There is also built-in inheritance and an Emergency Exit Kit for leaving without Block's server. The 2026 model adds an OLED touchscreen. The code is published on GitHub under MIT, but the firmware can't be built from it because the fingerprint library is proprietary. Ships to many countries; check availability at checkout. Trade-off: it depends on Block's app and server for everyday convenience.

Connection
NFC (phone app) · USB-C charging
Price
$250
Official site →
SeedSigner (DIY) (image from the official site)
Bitcoin-onlyOpen sourceAir-gapped

Build it yourself from a Raspberry Pi Zero without Wi-Fi, a camera and a small screen. Remembers nothing after you switch it off, so you load your seed each time. For confident users.

Connection
QR camera
Price
< $50 (parts, per project site)
Official site →

Prices are list prices in USD from the official store on 9 Oct 2026, before shipping and taxes. They change often; check the official site.

Paper wallets (printable)

A paper wallet is a key printed or written on paper. It costs nothing and has no electronics, but it is easy to get wrong: if someone sees the key or the paper is lost, the coins are gone. Today paper is mostly used to back up a seed phrase, not to hold coins on its own.

Single-address paper wallet generator
LegacyOpen source

The classic open-source generator from 2011. Gives one old-style address (starts with 1) and its key. Use it only from the GitHub download, opened offline.

Avoid: known incident
AvoidOpen source

In 2019 researchers found the website served altered code that produced repeatable keys. Do not use it. Listed here only as a warning.

Modern backup: printed BIP39 card
Recommended todayOpen source

Write the words your hardware wallet shows on the card that comes in the box. This paper restores the whole wallet, all addresses, on any compatible device.

Explainer
Recommended todayOpen source

Two different jobs. 1) Recording: a SeedQR is a QR code you fill in with a pen on a printed grid; it stores a seed you already have so a signing device can scan it. 2) Creating: the randomness must come from dice or coin flips, never from shading cells or picking words 'at random' in your head, people are bad at that. The last (checksum) word has to be calculated, do it only on an offline device.

Hand-filled QR to record an existing seed
Recommended todayOpen source

Official blank grids in the SeedSigner repo. Sizes: CompactSeedQR 21×21 (12 words) or 25×25 (24 words); Standard SeedQR 25×25 (12 words) or 29×29 (24 words). SeedSigner shows which cells to fill, you copy them with a pen. Scanned back by SeedSigner, Blockstream Jade, Passport Prime and other devices. Never photograph it.

Create a seed from physical randomness
Recommended todayOpen source

Coldcard and SeedSigner let you enter real dice rolls: at least 50 rolls for 12 words, 99 for 24 (Coldcard also takes 128+ coin flips). The device turns them into words and computes the checksum. Both publish scripts to check the math on an offline computer, test with a throwaway seed first.

Pen-and-paper method + last-word calculator
Recommended todayOpen source

Open-source guide: print the word list, draw words with paper slips and a die to get 23 words, then compute the 24th (checksum) word with its calculator, downloaded and run on an offline machine. Slow, but every step is visible. For careful, advanced users.

Safety rules for paper
  • Generate keys offline, on a clean computer that is not connected to the internet (ideally a live USB system).
  • Download the open-source page (e.g. bitaddress from GitHub), check it, disconnect from the internet, and only then open it.
  • Never photograph, scan or type the key or seed into a phone, cloud or notes app.
  • Shading grid cells or choosing words 'randomly' by hand is not real randomness. Use dice or coin flips, and compute the checksum word only on an offline device.
  • Single-address paper wallets are old technology. When you spend, move the whole balance at once to a new wallet, otherwise the change can be lost.
  • Today's usual setup: a hardware wallet plus its seed phrase on paper or steel, kept in a safe place.
Cold wallets

Printable / 3D-printed seed backups

SeedQR grids you fill with a marker, plates you print yourself, steel you stamp, and open-source DIY signers that read them. Inspired by the Open Source Hub table at Bitcoin MENA. See also the paper entries above: SeedQR grid · dice entropy · SeedSigner

links checked 10 Oct 2026

Discuss
3D-printed SeedQR plates: filled (blurred) and blank, Bitcoin MENA 2026
3D-printed SeedQR plates: filled (blurred) and blank, Bitcoin MENA 2026
Stamped steel washers and SeedQR plates at the Open Source Hub
Stamped steel washers and SeedQR plates at the Open Source Hub
3D-printed entropy shaker with coloured beads
3D-printed entropy shaker with coloured beads
Open Source Hub table: cold storage, mobile wallets, hardware signers, nodes
Open Source Hub table: cold storage, mobile wallets, hardware signers, nodes

Photos: our visit to the Open Source Hub booth, Bitcoin MENA. Seed data on demo plates blurred.

SeedQR in 30 seconds

SeedQR is an open standard from SeedSigner: your BIP39 seed words are turned into a QR code you can copy by hand onto a grid and later scan back into an air-gapped signer. Standard SeedQR stores each word as a 4-digit number (12 words = 25×25, 24 words = 29×29). CompactSeedQR stores the raw bits, so it is smaller (12 words = 21×21, 24 words = 25×25) but not human-readable when scanned with a phone.

Create/scan: SeedSigner (both formats), Krux (scans both), Blockstream Jade Plus (scans both, exports CompactSeedQR).

Open-source templates, 3D-printable plates and entropy tools

SeedSigner SeedQR templates ↗
Paper template · MIT

Official printable grids 21×21, 25×25 and 29×29 (PDF, A4/Letter, card size). Fill squares with a pen, then scan to verify.

Free STL: 80×80×6 mm plate with case, inserts and a sliding lid for 24-word CompactSeedQR. Details from the listing; the site blocked our automated check.

Printable 21×21 grid (12-word CompactSeedQR), about 70×70×6 mm.

SeedSigner SeedPills ↗
Entropy tool · MIT

OpenSCAD/STL generator for 2048 BIP39 word 'pills' you draw from a container. Mix very well; let your signer calculate the final checksum word.

16-sided die: 32 rolls = 128 bits, 64 rolls = 256 bits of entropy. Published by the Samourai Wallet team (the project was shut down in 2024); the STL is still on GitHub.

Printable word tiles for a plastic seed backup. Listing found via search; the site blocked our automated check.

3D-printed jig that holds steel while you stamp letters with a punch set. Listing found via search; the site blocked our automated check.

Bead entropy shaker (booth prototype)unverified
Entropy tool

Round 3D-printed shaker with coloured beads shown at Bitcoin MENA. We could not identify a published project, so treat it as a demo. Casino dice entered into SeedSigner/Krux are the proven option.

Steel plates and washers

Machine that engraves seeds, SeedQR and multisig descriptors onto steel plates; open-source software (github.com/seedhammer/seedhammer).

Steel grid you mark with a centre punch (first 4 letters of each word). Passed Jameson Lopp's heat, corrosion and crush tests (grade A). Store page showed 'unavailable' on 10 Oct 2026.

Stainless steel / titanium letter backup; reviewed in Lopp's stress tests.

Stainless capsule with letter tiles; reviewed in Lopp's stress tests.

Steel plate with letter tiles; reviewed in Lopp's stress tests.

German steel backup, from €199 on the official shop.

DIY stamped washersunverified

Stainless (304/316) washers on a bolt, one word per washer, stamped with a letter punch set, as seen at the booth. Cheap, but durability depends on the steel and the depth of stamping: not independently tested by us.

DIY: stamp your seed on coins-size discs and washers
  1. Buy plain stainless (304/316) washers or metal discs and a 3–4 mm letter punch set; copper is softer and easier to stamp but corrodes and melts much lower (~1085 °C) than steel.
  2. One word per washer: the first 4 letters are enough for BIP39 (every word is unique by its first 4 letters). Stamp the word number too, e.g. 07 DRAG.
  3. Clamp the blank in a jig on a steel block, one firm hammer hit per letter. Practise on a spare first.
  4. Thread the washers in order on a stainless bolt with a lock nut, or keep them in a sealed tube. Check the stamped words against the signer before wiping the paper copy.
Copper discs and steel washers used as DIY stamping blanks (words blurred)
Copper discs and steel washers used as DIY stamping blanks (words blurred)

Independent fire / corrosion / crush tests: jlopp.github.io/metal-bitcoin-storage-reviews

Materials: TPU vs PLA vs steel

MaterialHeat / fireWaterUse it for
PLASoftens ~60 °C, melts ~175 °C. Not fire-proof.OK short-term; slowly degrades with heat, humidity and UV.Template / practice only
PETGSoftens ~78 °C. Not fire-proof.Good water and chemical resistance.Better than PLA, still plastic
TPUFlexible, deforms when warm (~70 °C). Burns.Very good water resistance, survives drops.Waterproof sleeve / everyday copy, not a fire backup
Stainless steel / titaniumSurvives house-fire temperatures; Lopp heats test plates to ~1100 °C.Corrosion-resistant (304/316 stainless, titanium).Long-term backup

Temperatures are typical filament datasheet values; exact numbers vary by brand.

How to make one (SeedSigner / Krux / Jade, air-gapped)

  1. Generate the seed on an air-gapped signer (SeedSigner, Krux or Jade), ideally from casino dice: SeedSigner uses 50 rolls for 12 words, 99 rolls for 24.
  2. Have the device show the CompactSeedQR (SeedSigner's seed backup/export to SeedQR option, Jade's 'create a SeedQR from your recovery phrase').
  3. Copy the dots zone by zone onto the paper template or 3D-printed plate with a permanent paint marker, or punch/engrave them on steel.
  4. Below the grid write the 4-letter word abbreviations plus the master fingerprint and derivation path (e.g. m/84'/0'/0'). Those two are not secret but help recovery.
  5. Scan the plate back with the signer and confirm it reproduces the same fingerprint. Then do a full test restore on a second device before funding.
  6. Keep at least one copy in steel, in a different place from the device.

Security warnings

  • A SeedQR IS your seed. Anyone with a phone camera reads it in a second.
  • Never photograph, scan with a phone, or use an online QR generator.
  • Plastic is not fire-proof. PLA/PETG/TPU plates are templates or extra copies, not your only backup.
  • Marker ink fades. Re-check plastic and paper copies every year.
  • Never reuse a seed you saw at a booth, in a video or in a photo (including ours).
  • Always verify with a test restore. An unverified backup is not a backup.

DIY open-source signers

SeedSigner (pre-release 0.8.6 boot screen) in a 3D-printed gamepad-style case
SeedSigner (pre-release 0.8.6 boot screen) in a 3D-printed gamepad-style case
SeedSigner showing a SeedQR next to a filled TPU plate (seed data blurred)
SeedSigner showing a SeedQR next to a filled TPU plate (seed data blurred)
Lineup: bead entropy shaker, white and orange DIY signers, a Waveshare 1.3" LCD HAT build (the classic SeedSigner layout), a Trezor-shaped device
Lineup: bead entropy shaker, white and orange DIY signers, a Waveshare 1.3" LCD HAT build (the classic SeedSigner layout), a Trezor-shaped device
Bitkey by Block: hexagonal hardware key; the round metal pad is the fingerprint sensor
Bitkey by Block: hexagonal hardware key; the round metal pad is the fingerprint sensor

Raspberry Pi Zero + camera + Waveshare 1.3" LCD HAT, stateless (forgets the seed on power-off), the origin of SeedQR. People print their own cases, like the gamepad-style one at the booth. Already in our cold wallet list.

Open-source firmware for Kendryte K210 boards (M5StickV, Maix Amigo, Yahboom, WonderMV and others). Air-gapped via QR or SD card, single-sig and multisig, scans both SeedQR formats.

DIY air-gapped wallet that talks to the host via QR codes. Built from an STM32F469I-DISCO board plus a Waveshare QR scanner, bought from any electronics store (MIT licence).

Before you send or receive: check a Bitcoin address for sanctions → (free AML check against the OFAC SDN list and public exchange labels)

Bitcoin-backed credit

Where Bitcoin-collateral loans/credit are offered publicly · banks first · snapshot · not an offer

snapshot28 Sep 2026, 08:19 BST

Snapshot only, not an offer or financial advice. Rates, loan-to-value limits (LTV) and eligibility vary by country and identity checks (KYC). Figures come only from lenders' public pages on the snapshot date; where none is published, we show "see site".

Banks

Xapo Bank
bank · high
site →
USD credit/line against BTC
LTV
up to 40% (borrowing ratio)
Rate
on page: ~10.5% variable (see current terms in the app)
Jurisdictions
Gibraltar (GFSC credit institution)
Custody
BTC in Xapo vault; no rehypothecation (per bank statement)
Collateral
BTC

Minimum 0.1 BTC; min loan $1k, max up to $5M on page. Margin call ~65%, liquidation ~80% (FAQ).

as of 28 Sep 2026 · retail members (not UK / not Australia for lending)
Sygnum Bank
bank · high
site →
Lombard loan / credit line against digital assets
LTV
see on site
Rate
see site, or ask your relationship manager
Jurisdictions
Switzerland · Singapore · ADGM (UAE)
Custody
collateral in Sygnum custody; off-balance sheet, bankruptcy-remote, no rehypothecation (per statement)
Collateral
BTC, ETH, USDC, others (see site)

Swiss banking licence. Credit-line approval usually <1 business day for clients. The public page gives no fixed LTV or rate; ask your relationship manager.

as of 28 Sep 2026 · private qualified + institutional clients
AMINA Bank (ex-SEBA)
bank · high
site →
Loans against crypto and traditional assets
LTV
see on site (rate depends on LTV and tenor)
Rate
see on site / contact — depends on LTV and tenor
Jurisdictions
Switzerland
Custody
collateral at AMINA; segregated / bankruptcy-remote
Collateral
BTC, ETH, SOL, XRP, etc., traditional assets

Does not promote products outside CH; access is client-initiated. Min tranche CHF 100k.

as of 28 Sep 2026 · individuals + corporates; min loan CHF 200,000 (or equivalent)

Lenders / platforms

Ledn
licensed lender (not a bank) · high
site →
BTC-backed loans (custodied)
LTV
typically 50% initial LTV
Rate
public APR tiers on page (e.g. from ~11.49% to ~9.25% by size) — see current on site
Jurisdictions
Canada-founded; availability by country (100+); check eligibility
Custody
custodied; BitGo mentioned in third-party comparisons; ring-fenced / not lent for yield (per Help Center)
Collateral
BTC

Not a bank. Availability and minimums depend on jurisdiction. Liquidation ~80% LTV (Help Center).

as of 28 Sep 2026 · retail / private wealth; min $500
Unchained
licensed lender (not a bank) · high
site →
Commercial BTC-backed loans
LTV
example CTP 200% (~50% LTV) on calculator — see on site
Rate
example rates/APR on page; current — pricing page
Jurisdictions
United States (commercial; state licensing / NMLS)
Custody
2-of-3 multisig (borrower + Unchained + Fortis Bank); no rehypothecation
Collateral
BTC

Not a bank (NMLS licences). US commercial loans only; not a consumer loan for resident individuals.

as of 28 Sep 2026 · US business entities only; min $150,000
Coinbase Borrow (Morpho)
regulated platform / on-chain (not a bank) · high
site →
USDC loans against crypto via Morpho (Base)
LTV
liquidation at LLTV 86% (Help); starting LTV — see in app
Rate
variable; rate in app (Coinbase fee on top of market) — see on site/in app
Jurisdictions
United States (excl. New York); other states not yet announced
Custody
BTC converts 1:1 to cbBTC and is held in the Morpho smart contract
Collateral
BTC (→ cbBTC), ETH, other eligible

Not a classic bank loan. On-chain Morpho protocol; gas fees sponsored. Proceeds cannot be used to trade on Coinbase (ToS).

as of 28 Sep 2026 · verified US customers (excl. NY); up to $5M USDC against BTC (blog May 2026 update)
Two Prime Lending
institutional lender (not a bank) · high
site →
Institutional BTC-backed credit
LTV
see on site (conservative / over-collateralized)
Rate
see on site / on request (institutional terms)
Jurisdictions
United States (SEC RIA / CFTC CTA affiliate; lending via Two Prime Lending Limited)
Custody
qualified custodians; segregated; no rehypothecation; cold storage (per statement)
Collateral
BTC

Not a retail product. Public landing does not fix LTV/rates — contact. Large deals (e.g. MARA) appear in press, but deal terms are not public.

as of 28 Sep 2026 · corporate treasuries, miners, family offices, RIAs — institutional
Figure / Figure Markets
licensed lender (not a bank) · medium
site →
Crypto-backed loan (BTC/ETH/SOL)
LTV
see on site
Rate
see on site (public FAQ did not give a stable rate at check time)
Jurisdictions
United States (check eligibility)
Custody
MPC / platform custody — see disclosures on site
Collateral
BTC, ETH, SOL

Figure Markets: when we checked on 28 Sep 2026, the site's own code carried a wind-down date of 23 Sep 2026. The product may be closing. Check the official site before you rely on it.

as of 28 Sep 2026 · US retail/eligible — verify residency
Not included
  • Bank Frick (Liechtenstein) — The official FAQ says: «Bank Frick does not lend against cryptocurrencies.» Its branch in the Dubai International Financial Centre, regulated by the Dubai Financial Services Authority (DFSA), can arrange credit, but that is not a public retail Bitcoin loan from the Liechtenstein head office. source
  • Russian banks — No public offers of Bitcoin-backed loans from Russian banks found when we checked on 28 Sep 2026. For global products, see the lenders above.
  • Anchorage Digital Bank — A US federal crypto bank, publicly known as a custodian. When we checked (snapshot of 28 Sep 2026), its own pages did not confirm a retail Bitcoin loan made directly by the bank. Partner or on-chain options such as Mezo may exist. Not listed until a page from the bank itself confirms such a loan. source
  • No Russian banks with public Bitcoin-backed loans found (checked 28 Sep 2026).
  • Bank Frick (Liechtenstein) states it does not lend against cryptocurrencies.
  • Sygnum, AMINA and Two Prime usually share LTV and rates only through a relationship manager, so we show "see site".
  • Figure Markets may be closing; check before you rely on it.
  • Products depend on your country and identity checks (KYC), and can change after the snapshot date.

Whale moves

Whales start moving · BTC only

moving2026-10-22 18:23 BST
⚡ Whales start movingclustering

Coinbase series · 4 large BTC moves

Σ 4,652 BTC$379.2M4 txs2026-10-22 17:33 BST → 2026-10-22 18:12 BST
Open share card →

Not trading advice. Whale moves are shown as they happen; we don't trade on them or copy them for you.

Whale wallets

live2026-10-22 18:55 BST

Addresses come from Whale Alert's BTC alerts; balances from mempool.space.

Alerts from 2 Oct, 16:12 to 22 Oct, 18:22 London (253 alerts). Whale Alert's free feed shows only the last day or two; older rows come from our earlier checks.

Wallets under 1 BTC hidden: 390.

Alerts
253
Addresses
767
Transactions read
174
EntityBalanceNet flow 24hNet flow 7dLast activeShare
Coinbase Institutional
3MqUP6G1…WwxXFd
alerts: 69
575.06 BTC+2,364.08+3,728.82026-10-22 18:12 BST
Unlabelled
bc1qmakj…9xafm2
alerts: 16
2,095.69 BTC+628.71+628.712026-10-22 18:12 BST
Coinbase
1LYhaUGj…MffzpW
alerts: 18
0 BTC+1,404.35+871.522026-10-22 17:39 BST
Unlabelled
bc1qpral…6jjwss
alerts: 2
0 BTC+1.9+1.92026-10-22 17:39 BST
Unlabelled
bc1q9f6z…28rytv
alerts: 1
10 BTC+10+102026-10-22 17:39 BST
Unlabelled
bc1ql9ew…7yfylr
alerts: 1
10 BTC+10+102026-10-22 17:39 BST
Unlabelled
bc1qxfd8…nra26z
alerts: 1
5.11 BTC+5.11+5.112026-10-22 17:39 BST
Unlabelled
17FaKSSg…6K9cFa
alerts: 1
2.92 BTC+0+02026-10-22 17:39 BST
Unlabelled
bc1q05kj…rwsg0t
alerts: 1
0 BTC+10+102026-10-22 17:39 BST
Unlabelled
bc1qkkmp…ncd0dc
alerts: 1
0 BTC+10+102026-10-22 17:39 BST
Unlabelled
3JLtvWtz…Nopv85
alerts: 1
0 BTC+2,463.53+2,463.532026-10-22 17:39 BST
Unlabelled
bc1qg8r5…3dc4c8
alerts: 1
0 BTC+10+102026-10-22 17:39 BST
Unlabelled
bc1q4xgj…y26puc
alerts: 1
0 BTC+10+102026-10-22 17:39 BST
Unlabelled
bc1q46mq…ljgw43
alerts: 1
0 BTC+10+102026-10-22 17:39 BST
Unlabelled
bc1qr7al…d3x0hk
alerts: 1
0 BTC+10+102026-10-22 17:39 BST

These are small addresses from the same transactions (change and dust outputs): each holds and moved less than 1 BTC.

Coinbase Institutional (from alerts)
1LYhaUGjRARNF2nHit3vy9uLKbvxMffzpW · 0 BTC
3GFK7hh5RKw5MqUmP5UaYtkMLNEtYSWtiB · 0 BTC
  • Whale Alert's free feed shows only the most recent large transfers, not a 30-day history.

Crystal Intelligence · Bitcoin only

2026-10-22 18:23 BST

Bitcoin-only research from Crystal Intelligence. Their posts are not shown here; read them on X.

@CrystalPlatform on X →

No Bitcoin posts to show right now.

HODL · wallets and coin age

snapshot 27 Sep 2026, 18:22 London

Table balances are current: companies, funds and governments from bitcointreasuries.net (22 Oct 2026, 13:35 London), exchanges from Newhedge (22 Oct 2026, 18:56 London). Coin-age figures (Continuous HODL, LTH, HODL Waves) are from the 27 Sep 2026, 18:22 London snapshot.

Large holders (corps, ETFs, states, LTH) + Continuous HODL (Whale Alert) and HODL Waves (UTXO age).

Continuous HODL (Whale Alert)
1,770.30 days
+0.83%
LTH Supply (Newhedge)
16,590,000 BTC
UTXO age ≥1y
63.35%
~12,727,128 BTC est
Continuous HODL vs BTC price
HODL days BTC $Whale Alert →
HODL Waves · UTXO age (% supply)
Newhedge →
0d–1d: +0.45%1d–1w: +2.68%1w–1m: +3.37%1m–3m: +7.35%3m–6m: +5.43%6m–1y: +17.37%1y–2y: +14.79%2y–3y: +6.01%3y–4y: +4.90%4y–5y: +4.10%5y–7y: +7.38%7y–10y: +8.38%10y+: +17.79%
0d–1d 0.5%1d–1w 2.7%1w–1m 3.4%1m–3m 7.3%3m–6m 5.4%6m–1y 17.4%1y–2y 14.8%2y–3y 6.0%3y–4y 4.9%4y–5y 4.1%5y–7y 7.4%7y–10y 8.4%10y+ 17.8%
HolderCategoryBTCData qualitySourceShare
Long-term holders (LTH supply, aggregate)
Total held by Newhedge's long-term holder group, not one wallet. Overlaps with company, government and ETF coins; don't add them up.
Long-term holders16,590,000Mediumsource →
UTXO age ≥1y (HODL Waves sum)
Coins unmoved for 1 year or more: 63.35% of circulating supply (Newhedge HODL Waves). An estimate from coin age; overlaps company holdings.
Long-term holders12,727,128Mediumsource →
US spot Bitcoin ETFs (aggregate)
Combined holdings of US spot ETFs (IBIT, FBTC, GBTC and others), held by custodians; data via BitcoinTreasuries.NET. Don't add to company rows.
ETF1,309,593Highsource →
Coinbase (labeled cluster)
On-chain estimate for addresses labelled as this exchange. Not the exchange's official proof of reserves. For flows, see Exchange reserves.
Exchange984,134Mediumsource →
StrategyMSTR
Company treasury per BitcoinTreasuries.NET, from filings and investor reports. Total reported by the company, not one on-chain address.
Company848,517Highsource →
Binance (labeled cluster)
On-chain estimate for addresses labelled as this exchange. Not the exchange's official proof of reserves. For flows, see Exchange reserves.
Exchange735,778Highsource →
Bitfinex (labeled cluster)
On-chain estimate for addresses labelled as this exchange. Not the exchange's official proof of reserves. For flows, see Exchange reserves.
Exchange336,857Mediumsource →
United States
Government-linked holdings per BitcoinTreasuries.NET, often from seizures or public disclosures. Methods differ by entity.
Government328,372Mediumsource →
China
Government-linked holdings per BitcoinTreasuries.NET, often from seizures or public disclosures. Methods differ by entity.
Government190,000Mediumsource →
Upbit (labeled cluster)
On-chain estimate for addresses labelled as this exchange. Not the exchange's official proof of reserves. For flows, see Exchange reserves.
Exchange189,824Mediumsource →
Robinhood (labeled cluster)
On-chain estimate for addresses labelled as this exchange. Not the exchange's official proof of reserves. For flows, see Exchange reserves.
Exchange184,180Mediumsource →
United Kingdom
Government-linked holdings per BitcoinTreasuries.NET, often from seizures or public disclosures. Methods differ by entity.
Government61,245Mediumsource →
Ukraine (holdings of public officials)
Government-linked holdings per BitcoinTreasuries.NET, often from seizures or public disclosures. Methods differ by entity.
Government46,351Mediumsource →
Metaplanet Inc.MPJPY
Company treasury per BitcoinTreasuries.NET, from filings and investor reports. Total reported by the company, not one on-chain address.
Company44,000Mediumsource →
Twenty One CapitalXXI
Company treasury per BitcoinTreasuries.NET, from filings and investor reports. Total reported by the company, not one on-chain address.
Company43,514Mediumsource →
  • HODL metrics ≠ investment advice.
  • Balances come from public filings and on-chain estimates.
  • Do not add the groups up: long-term holders, ETFs and companies partly overlap.
  • Continuous HODL: public Whale Alert graph.json (days); alongside — Newhedge HODL Waves.

Exchange BTC reserves

live2026-10-22 18:56 BST

Top exchange balances + net flows (deposit/withdrawal proxy)

Total on exchanges (Newhedge)
3,676,985 BTC
Net 24h
+748
Net 7d
+8,319
ExchangeBTC24h7dData qualityShare
Coinbase984,134+91-839Medium
Binance735,778+1,035+6,350High
Bitfinex336,857+51+465Medium
Upbit189,824-32-356Medium
Robinhood184,180-920-1,114Medium
Kraken166,129+1,267-565Medium
OKX156,105-96+1,017High
Bybit64,225+63+1,041Medium
Gemini60,949-100-155Medium
bitFlyer54,704-36-66Medium
Bitstamp48,773-262-251Medium
Bithumb46,915-4-172Medium
Trade Republic Bank GmbH43,216+75+37Medium
Coincheck42,502+12+39Medium
Deribit40,779-78+552Medium
Boerse Stuttgart Digital39,608-21+117Medium
Revolut39,522-1+2,495Medium
Crypto.com38,627-142-293Medium
Mt. Gox34,38700Medium
River33,572-3-138Medium
Bitvavo28,827-1+290Medium
Bitget28,351-79-59Medium
Bitcoin.de27,966-29-198Medium
Bitgo25,292-188-610Medium
BitBank20,479-1+1Medium

High: the exchange also publishes an official proof of reserves (figures above the table).

  • Newhedge figures are on-chain wallet labels, not an official exchange API.
  • PoR (OKX, Binance) is an official cut; it often does not match analyst clusters.
  • Large Coinbase volume includes custody; do not confuse it with «hot» trading inventory.
Source: Newhedge →BTC holders →No figure for WhiteBIT yet.

Large transfers · Whale Alert

live2026-10-22 18:23 BST

Public feed of large BTC transfers on the blockchain, data from Whale Alert.

BTC (Whale Alert)
$81,295
-3.74%
Continuous HODL
1,777.17 days
+0.49%
BTC alerts in snapshot
23
total in feed: 106
Time (London)BTCUSDFrom → ToLinkShare
2026-10-22 18:12 BST628$51.0MCoinbase Institutional → unknown wallet· transfer647d8b37e5…
2026-10-22 17:39 BST2,463$200.8MCoinbase → unknown wallet· transfer22cdcbb9d9…
2026-10-22 17:34 BST873$71.2Munknown wallet → Coinbase· transfer468535efa4…
2026-10-22 17:33 BST688$56.2Munknown wallet → Coinbase· transferfb777ffd79…
2026-10-22 17:02 BST2,049$167.4Munknown wallet → Coinbase Institutional· transfer5644f2c575…
2026-10-22 15:59 BST780$63.9Munknown wallet → Coinbase· transfer73bdfde0e7…
2026-10-22 15:01 BST1,000$81.7Munknown wallet → Coinbase· transfera69d271f18…
2026-10-22 14:13 BST623$50.9Munknown wallet → Coinbase· transferdb8cffb48c…
2026-10-22 13:24 BST663$54.3Munknown wallet → Bitfinex· transfer5bb93b873d…
2026-10-22 00:20 BST170$14.4M? → ?· transfercf53020596…
2026-10-21 22:00 BST618$52.3MCoinbase Institutional → unknown wallet· transfer04093c5d91…
2026-10-21 14:20 BST929$77.8Munknown wallet → Coinbase· transfer69a965c62c…
2026-10-21 14:14 BST1,002$83.9MCoinbase → unknown wallet· transfer683a271569…
2026-10-21 13:50 BST813$67.9Munknown wallet → Coinbase· transfer814e8b2a7f…
2026-10-21 12:59 BST1,127$94.1MCoinbase → unknown wallet· transfer7b19a387a4…
  • The free feed shows a limited set of large transfers; custom alerts are paid.
  • We use only the public data on the Whale Alert site; their full transaction history is paid.
  • From/to labels are Whale Alert's own (exchange or unknown wallet), not our attribution.
Source: Whale Alert →Whale Alert's free feed shows only the most recent large transfers, not a 30-day history.

BTC news · Whale Alert

live2026-10-22 19:31 BST

Whale Alert stories and Bitcoin headlines, with links to their sources.

Whale Alert stories
TimeSourceHeadlineShare
No BTC headlines in snapshot.
Source: whale-alert.io/news →Sources in registry: 10

Holders · largest groups

22 Oct 2026, 13:35 London

About 20,102,013 BTC in circulation (at block 972,643). The groups overlap, so don't add them up.

GroupBTCHow it's counted
US spot Bitcoin ETFs
12 US spot ETFs (IBIT, FBTC, GBTC, ARKB, BITB, HODL and others). That is 6.51% of supply, from the funds' reported holdings.
1,309,593
6.5%
bitcointreasuries.net, 22 Oct 2026, 13:35 London
Sum of reported holdings
Public company treasuries
Includes Strategy (MSTR) with 848,517 BTC and other listed companies. May include some miners' treasuries.
1,289,892
6.4%
Sum of reported holdings
Private company treasuries
284,652
1.4%
Sum of reported holdings
Governments
Coins held or seized by governments and state bodies, as tracked by bitcointreasuries.net.
645,605
3.2%
Sum of reported holdings
ETFs and exchanges, combined
ETFs and exchanges, combined (bitcointreasuries.net bucket). Wider than the US spot-ETF figure above; don't add the two together.
1,615,524
8.0%
Sum of reported holdings
DeFi and other
375,519
1.9%
Sum of reported holdings
Exchange wallets
Exchange wallets, on-chain estimate (Newhedge): 3,676,985 BTC. Not the same as an exchange's official proof of reserves; Coinbase's figure includes custody.
Per-exchange figures: Exchange reserves →
3,676,985
18.3%
Estimate from labelled on-chain wallets

Companies, funds, governments and DeFi: bitcointreasuries.net, 22 Oct 2026, 13:35 London (checked every 6 hours). Exchange wallets: Newhedge, 22 Oct 2026, 18:56 London (checked every 4 hours).

More live data →