Assets, Ethereum

Who Is the Largest Holder of Ethereum?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum is one of the most popular cryptocurrencies, behind only Bitcoin in terms of market capitalization. It is often called “digital oil” because of its use in powering decentralized applications and smart contracts.

The largest holder of Ethereum is the Ethereum Foundation, a Swiss non-profit organization. The Foundation’s mission is to promote and support Ethereum platform and base layer research, development and education.

The Foundation holds approximately 62 million ETH, worth over $12 billion at current prices. The Foundation’s ETH holdings are spread across multiple wallets and addresses, making it one of the most decentralized organizations in the cryptocurrency space.

The Foundation’s ETH holdings are used to support various initiatives including the development of the Ethereum protocol, funding research and development projects, and supporting the Ethereum ecosystem through grants and investments.

The Foundation’s largest ETH holder is Vitalik Buterin, co-founder of Ethereum, who holds approximately 333,000 ETH (worth over $60 million at current prices). Buterin’s ETH holdings are held in multiple wallets and addresses, with the majority held in a personal wallet.

The second largest holder of Ethereum is Joseph Lubin, co-founder of Ethereum and founder of ConsenSys, a blockchain software studio. Lubin holds approximately 1 million ETH (worth over $200 million at current prices), which is spread across multiple wallets and addresses.

Lubin’s ETH holdings are held in multiple wallets and addresses, with the majority held in a personal wallet. The third largest holder of Ethereum is an anonymous entity known as “0x00A651D43B6e209F5Ada45A35F92EFC0De3A5184”, which holds approximately 500,000 ETH (worth over $100 million at current prices).

This entity’s ETH holdings are held in a single wallet address. The fourth largest holder of Ethereum is an anonymous entity known as “0xc09e2dcb4aeafeb60f6d276c2d067c55d4f87e21”, which holds approximately 400,000 ETH (worth over $80 million at current prices).

This entity’s ETH holdings are held in a single wallet address.

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