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Home » The untouchable portion of Arkham’s top 5 doxed crypto hodlers’ $3.5B ownership amounts to 35%.
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The untouchable portion of Arkham’s top 5 doxed crypto hodlers’ $3.5B ownership amounts to 35%.

2024-04-16No Comments2 Mins Read
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The untouchable portion of Arkham's top 5 doxed crypto hodlers' $3.5B ownership amounts to 35%.
The untouchable portion of Arkham's top 5 doxed crypto hodlers' $3.5B ownership amounts to 35%.
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According to a dashboard from blockchain intelligence firm Arkham, the top five identified crypto whales with publicly known wallet addresses hold approximately $3.5 billion in crypto. However, a significant portion of this amount is inaccessible due to lost passwords and private keys.

On April 15, Arkham announced an updated dashboard that reveals the holdings of some of the world’s richest on-chain-verified crypto holders and whales, including Justin Sun from Tron and Vitalik Buterin from Ethereum. According to the data, the top five crypto holders on the list currently own a total of $3.47 billion in digital assets. However, around 35% or $1.21 billion of that total has been marked as ‘inaccessible’.

Justin Sun tops the list with a reported $1.06 billion in his crypto wallet. The majority of his holdings consist of his own stablecoin, Decentralized USD (USDD), with $275 million, followed by Tron (TRX) with $237 million.

Rain Lõhmus, the founder of Estonia-based LHV Bank, comes second on Arkham’s list with $769 million worth of Ether. However, this amount has been marked as inaccessible since it was reported in November that he lost access to his private key.

Vitalik Buterin, co-founder of Ethereum, is in third place with a wallet containing $757 million, primarily in ETH, with a holding of 245,425 tokens.

Stefan Thomas, the former chief technology officer at Ripple, holds the fourth position with a Bitcoin wallet worth $442 million. Unfortunately, his Bitcoin holdings have also been marked as inaccessible. Thomas lost access to over 7,000 Bitcoin in 2011 after misplacing the password to his encrypted hard drive.

Crypto venture capitalist James Fickel rounds out the top five with $436 million worth of digital assets in his wallet, according to Arkham.

Other notable crypto wallets in the top ten include early adopter Patricio Worthalter, who holds $219 million worth, primarily in ETH, and Winslow Strong, the General Partner at Cluster Capital, with $27.5 million worth of digital assets.

The dashboard displays public wallets tagged by Arkham, along with the current token holdings and balance history, portfolio breakdowns across chains, historical daily balances, and recent activity. However, it does not include whale wallets belonging to unknown or pseudonymous owners, such as Bitcoin’s creator Satoshi Nakamoto, whose BTC holdings are estimated to be worth tens of billions across multiple addresses, or other crypto titans not linked to a specific wallet address.

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