Top 5 Crypto Whales Revealed by Arkham Intelligence: $3.5 Billion in Digital Assets, $1.21 Billion Inaccessible
Arkham Intelligence, a prominent blockchain data firm, has recently unveiled the top 5 crypto whales in the industry. These publicly known wallet addresses collectively hold a staggering $3.5 billion in digital assets. However, a significant portion of this wealth, approximately 35% or $1.21 billion, is currently inaccessible due to lost private keys and passwords.
Leading the pack is Justin Sun, the founder of the Tron network, with a reported $1.06 billion in his crypto wallet. Sun’s holdings primarily consist of $275 million in Decentralized USD (USDD) and $237 million in Tron’s native token, TRX. Despite his substantial wealth, a considerable amount of it is tied up in his own stablecoin and Tron tokens.
In the second position is Rain Lõhmus, the founder of Estonia-based LHV Bank, who holds $769 million worth of Ether. Unfortunately, these funds are inaccessible as Lõhmus has lost access to his private key, rendering his massive Ethereum holdings currently unreachable.
Ethereum co-founder Vitalik Buterin secures the third spot with $757 million, mainly in Ethereum. Buterin’s holdings consist of 245,425 ETH tokens, showcasing his active involvement in the community and development of Ethereum.
Former Ripple CTO Stefan Thomas occupies the fourth position with $442 million in Bitcoin. Thomas’s Bitcoin holdings have been deemed inaccessible after he lost the password to an encrypted hard drive containing details of his cryptocurrency.
Venture capitalist James Fickel rounds out the top five, holding $436 million in various digital currencies. Fickel’s diverse crypto portfolio highlights the breadth of assets that high-profile investors are accumulating in the digital realm.
Other notable mentions in Arkham’s top ten include early adopter Patricio Worthalter, who holds $219 million primarily in Ethereum, and Winslow Strong, a General Partner at Cluster Capital, listed with $27.5 million worth of digital assets.
The revelation of these top crypto whales sheds light on the immense wealth held within the industry, as well as the challenges and risks associated with managing such vast sums of digital assets.
