
PayPal Holdings measures BTC in tracked wallets attributed to the PayPal platform, calculated as the sum of their balances. It covers the observed bitcoin wallet set, not all cryptoassets, customer liabilities or PayPal’s corporate cash reserves.
Changes show whether BTC is entering or leaving the covered wallet set on a net basis. The recorded high was about 22,970 BTC on January 31, 2024, whereas the October 17, 2026 observation was about 379 BTC; that large gap is a change in tracked balances, not a verified measure of customers’ remaining exposure.
Third-party custody and wallet attribution can leave parts of a platform’s assets outside an identified address set. Internal customer trades may also leave on-chain balances unchanged. Neither a sharp decline nor a small residual balance establishes that users sold their holdings or that the platform lacks backing.
No. It is a BTC-only measure of the wallets attributed to the platform within this tracker. Other assets and bitcoin held outside that identified set are not established by this chart.
Not necessarily. Transfers to other custody addresses or changes in attribution can reduce the observed balance without reducing customers’ positions. The chart does not identify customer-level transactions.
A wallet asset total alone cannot establish backing. That assessment requires matching asset coverage and ownership with customer liabilities and any restrictions on the assets.