A astonishing 242,686,839 different addresses hold Ethereum (ETH), the second-most valuable cryptocurrency by market capitalization. On September 3, 2023, just eleven ether addresses control a staggering 34.18% of the available supply. Let's take a closer look at the top ten ETH wallets and the driving forces behind today's enormous ether reserves.
Who Holds the Lion's Share of ETH among the Titans of Ethereum?
In an effort to identify their owners, Bitcoin.com News highlighted the top 10 bitcoin (BTC) addresses on September 1, 2023. Eight of the top ten bitcoin vaults have clear owners, with one maybe connected to Huobi, according to the research, while the identity of the tenth vault's owner is still unknown. Let's now focus on the 10 ethereum titans (ETH), listed in order of the amount of ether they hold.
The Beacon Chain deposit contract address is at the top of the list, holding a whopping 29,323,040 ETH, or 24.39% of the entire ETH hoard. With regard to managing its stakers and validators, the Beacon Chain is essential to the smooth operation of the Ethereum network. Following closely behind is the Wrapped Ether contract, which is the address linked to the WETH currently in use. As of September 3, it was holding 3.149,676 ether, or 2.62% of the ETH prize. The third position is held by the cryptocurrency trading behemoth Binance, whose vault has 1,996,008 ether, or 1.66% of the total value of ETH.
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| Coincarp.com and Arkham Intelligence named the top wallets found in this investigation. At 8:00 a.m. Eastern Time on September 3, 2023, all statistics were taken. |
The fourth ether hoard, identified by the address of a Kraken, has 1,598,924 ether, or 1.33% of the total supply. The fifth enormous ETH vault, allegedly controlled by Robinhood, is following closely, according to information from Arkham Intelligence. This vault was mentioned in a recent Arkham revelation on X (formerly known as Twitter). On September 3, this purported Robinhood ETH stronghold controlled 1,493,001 ethereum. With 1,199,979 ETH stored inside, Arbitrum has control of the sixth vault, dubbed "0x831".
With a "0xF97" identifier, the seventh vault is identified as a Binance cold storage and is tasked with securing about 870,814 ether. The eighth-largest ETH vault, which holds 584,999 ETH, or just 0.49% of the total supply, is under the influence of Binance. A Bitfinex vault is the ninth heavyweight in the ETH arena, holding 450,118 ether, while another Bitfinex vault completes the top 10 with 428,054 ether. Data analysis of the top ten wallets reveals that Binance is the owner of the third, seventh, and eighth most significant ETH wallets, which together protect 3,451,821 ether.
With its two powerful wallets, Bitfinex controls 878,172 ether. A startling 36.75% of the total quantity of ether is held by the top 20 addresses out of the enormous sea of 29.32 million addresses. By September 3, the top 100 addresses had consolidated 46.94% of the supply, and the top 50 vaults had amassed an incredible 41.57% of the ether wealth. Despite the fact that the 100 addresses account for 46.94% of the supply, the Beacon Chain address, with 24.39% of the total, represents a wide range of organizations and people. 99 of those 100 wallets have a startling 22.55% of the whole ETH supply.
Which ten Ethereum addresses do you believe are the best? Post your ideas and viewpoints on this topic in the comments area below.