The post Top 5 Crypto Whales with $3.5 Billion: Report appeared first on Coinpedia Fintech News
Arkham Intelligence, a famous blockchain data company, Open to the public Top 5 Cryptocurrency Whales. They hold a total of $3.5 billion worth of digital assets in publicly known wallet addresses.
Despite this massive holding, a very significant portion of it – approximately 35%, or $1.21 billion worth of private keys and passwords – has been lost and is currently inaccessible.
Justin Sun takes the lead
justin sunThe founder of the Tron network is reported to have $1.06 billion in his cryptocurrency wallet. Sun's holdings primarily consist of $275 million in decentralized USD (USDD) and $237 million in TRX, Tron's native token. In fact, his leadership in the cryptocurrency field is clear. However, it is worth noting that a significant portion of his wealth is tied up in his own stablecoins and Tron tokens.
Reign Lomus: Locked Aether
In second place is Rain Lõhmus, founder of Estonia-based LHV Bank, who holds $769 million worth of Ethereum. Unfortunately, these funds are considered inaccessible because Lõhmus has lost access to his private keys. This has left his massive Ethereum holdings out of reach for now.
Vitalik Buterin’s Ethereum Empire
Ethereum co-founder Vitalik Buterin Of course, mainly Ethereum took third place with $757 million. Buterin’s large holdings consist of 245,425 ETH tokens. Although he maintains a significant Ethereum portfolio, the cryptocurrency world is well aware of his active involvement in the community and Ethereum development.
Stephen Thomas' Bitcoin Dilemma Continues
Former Ripple CTO stephan thomas Bitcoin market capitalization ranked fourth with $442 million. Thomas' Bitcoin holdings were listed as inaccessible after he lost the password to an encrypted hard drive containing his cryptocurrency details. Despite suggestions from cryptocurrency recovery companies like Unciphered, Thomas still cannot access the more than 7,000 bitcoins he acquired in 2011.
James Fickel: Digital Assets from a Venture Capitalist
Venture capitalist James Fickel rounds out the top five, holding $436 million in various digital currencies. Fickel's diverse cryptocurrency portfolio showcases the wide range of assets high-profile investors are accumulating in the digital realm.
Among Arkham's top 10 cryptocurrency wallets is early adopter Patricio Worthalter, who holds $219 million, primarily in Ethereum. Cluster Capital's general partner, Winslow Strong, is also listed with $27.5 million worth of digital assets.
Also read: Buy BTC Whale Dip; Analysts explain why XRP and new altcoins have tremendous potential in this bull cycle.