Ethereum

Gemini

Dogecoin

Beacon

<img width="1201" height="799" src="https://coingape.com/wp-content/uploads/2023/12/eth-e1703322925938.jpg" class="attachment-full size-full wp-post-image" alt="Ethereum Rich List 2023" decoding="async" style="float:right; margin:0 0 10px 10px;" srcset="https://coingape.com/wp-content/uploads/2023/12/eth-e1703322925938.jpg 1201w, https://coingape.com/wp-content/uploads/2023/12/eth-e1703322925938-300x200.jpg 300w, https://coingape.com/wp-content/uploads/2023/12/eth-e1703322925938-768x511.jpg 768w, https://coingape.com/wp-content/uploads/2023/12/eth-e1703322925938-150x100.jpg 150w, https://coingape.com/wp-content/uploads/2023/12/eth-e1703322925938-272x182.jpg 272w" sizes="(max-width: 1201px) 100vw, 1201px">
The last twelve months have been nothing short of a wild ride for Bitcoin, Ethereum, and other altcoins, from BTC price revival — the cryptocurrency jumped by more than 160% in 2023 — to innovations in the Web3 industry and non-fungible tokens (NFTs), to the government crackdowns on the industry. 
Even amid all this hullabaloo, crypto continues to be an enticing money-making gig. Take the record 19 billionaires — 7 more than last year — who made a fortune after investing in cryptocurrency and blockchain technology. 
What links <a href="https://coingape.com/education/who-is-elon-musk-discover-tesla-founder-investments-net-worth-and-family/" target="_blank" rel="noopener">Elon Musk</a>, the Winklevoss Twins — owner of crypto exchange Gemini — and Michael Saylor? They’re all connected to some cryptocurrency. While Musk and Tesla are, more often than not, tied to <a href="https://coingape.com/dogecoin-doge-rich-list-elon-musk/" target="_blank" rel="noopener">Dogecoin</a> and Bitcoin, respectively, the other two names have significant Bitcoin holdings. 
<h2 id="strong-largest-eth-holder-owns-29-of-all-ethereum-tokens-in-circulation-strong">Largest ETH Holder Owns 29% of All Ethereum Tokens In Circulation</h2> 
When it comes to Ethereum, it’s a different story altogether. Even the largest holders of ETH are often out of the limelight. However, data from Etherscan <a href="https://etherscan.io/accounts" target="_blank" rel="noopener">revealed</a> that crypto exchanges were the largest holders of ETH in 2023, which shouldn’t come as a surprise, given ETH’s availability on every exchange. 
Let’s look at the numbers. Remember, these are only ballpark estimates. 
<figure id="attachment_171373" aria-describedby="caption-attachment-171373" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class="wp-image-171373" src="https://coingape.com/wp-content/uploads/2023/12/Screenshot-2023-12-28-at-10.47.57 AM.png" alt="ETH Rich List 2023" width="1200" height="648" srcset="https://coingape.com/wp-content/uploads/2023/12/Screenshot-2023-12-28-at-10.47.57 AM.png 1650w, https://coingape.com/wp-content/uploads/2023/12/Screenshot-2023-12-28-at-10.47.57 AM-300x162.png 300w, https://coingape.com/wp-content/uploads/2023/12/Screenshot-2023-12-28-at-10.47.57 AM-1224x661.png 1224w, https://coingape.com/wp-content/uploads/2023/12/Screenshot-2023-12-28-at-10.47.57 AM-768x415.png 768w, https://coingape.com/wp-content/uploads/2023/12/Screenshot-2023-12-28-at-10.47.57 AM-1536x829.png 1536w, https://coingape.com/wp-content/uploads/2023/12/Screenshot-2023-12-28-at-10.47.57 AM-150x81.png 150w" sizes="(max-width: 1200px) 100vw, 1200px">
 <figcaption id="caption-attachment-171373" class="wp-caption-text">
 Image credits: Etherscan
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The Beacon Chain Contract holds more than 35 million ETH, controlling over 29% of all ETH tokens in circulation, making it the largest ETH holder as of <span style="font-weight: 400;" data-rich-links="{&quot;dat_df&quot;:{&quot;fres_frt&quot;:1,&quot;dfie_ts&quot;:{&quot;tv&quot;:{&quot;tv_s&quot;:1703764800,&quot;tv_n&quot;:0}},&quot;dfie_l&quot;:&quot;en&quot;,&quot;dfie_p&quot;:{&quot;fres_frt&quot;:0,&quot;tres_tv&quot;:&quot;MMM d, y&quot;},&quot;dfie_dt&quot;:&quot;Dec 28, 2023&quot;,&quot;dfie_pt&quot;:3,&quot;dfie_tpt&quot;:0,&quot;dfie_tzi&quot;:&quot;&quot;},&quot;type&quot;:&quot;date&quot;}">Dec 28, 2023. Coming in second place is Wrapped ETH (WETH) with more than 3.2 million ETH, worth around $7.7 billion. 
<h3 id="strong-binance-has-significant-eth-holdings-strong">Binance has significant ETH Holdings</h3> 
It’s only fitting that the world’s largest crypto exchange, Binance, is the third-largest single address for ETH, holding more than nearly 2 million ETH. Kraken, which was <a href="https://coingape.com/kraken-lawsuit-us-sec/?utm_source=cgtelegram" target="_blank" rel="noopener">sued</a> by the US Securities and Exchange Commission (SEC) last month for deceptive practices, grabbed the fourth spot, with ETH holdings of roughly 1.6 million. 
Popular trading platform, Robinhood is fifth on the list. At the time of writing, it had more than 1.4 million ETH under its belly, which loosely translates to about 1.24% of all ETH tokens in circulation.&nbsp; 
Notably, two other wallet addresses in the top 10 — each holding more than 550,000 ETH — are linked to crypto exchange giant Binance. Rounding off the top 10 are Arbitrum: Bridge, with holdings of over 1.3 million, and Bitfinex, with more than 450,000 ETH. 
It’s also worth mentioning that an ETH address linked to Vitalik Buterin, one of the founders of Ethereum, named VB 3, holds more than 240,000 ETH. 
The post <a href="https://coingape.com/eth-rich-list-2023-who-are-the-top-10-largest-eth-holders/">Ethereum Rich List 2023: Who Are The Top 10 Largest ETH Holders?</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Ethereum Rich List 2023: Who Are The Top 10 Largest ETH Holders?

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