Arkham tracks 549,669 addresses attributed to Backpack Exchange, a centralized crypto exchange. These include hot wallets used for withdrawals, cold wallets used for storage and deposit addresses assigned to customers. Together they hold $493 million in priced tokens, including 204,504,185.38 
BP worth $185 million and 118,352,079.91 
PYUSD worth $118 million. Most exchange funds belong to customers, so this is an independent view of the exchange's reserves, though it may not cover every wallet. Backpack Exchange is the largest Backpack holder among entities tracked by Arkham. Backpack Exchange is also the 5th-largest PayPal USD holder among entities tracked by Arkham. Backpack Exchange ranks 44th among exchanges by on-chain holdings on Arkham.
