Vitalik Buterin Not Biggest Individual Holder of Ethereum, New Data Shows

WikiBit 2026-04-03 23:15

Arkham Intelligence, a blockchain analytics platform, has revealed the biggest individual holder of Ethereum (ETH). Contrary to popular claims, new data

They provide various services to clients, such as the buying and selling of ETH, staking services and more.

As disclosed in the Arkham report, Bitmine is the biggest ETH corporate holder. Bitmine, led by Chairman Tom Lee, has declared holdings of nearly 4.7 million ETH, worth roughly $10 billion today.

Its ETH holdings include a substantial portion that the company actively stakes through its own validator network. So far, Bitmine has staked more than 50% of its ETH reserves. This aligns with its vision to accumulate a total of 5% of the Ethereum supply.

The next largest corporate Ethereum entity is BlackRock, which holds over three million ETH. BlackRock provides investment trusts that actively track the price of various crypto assets.

Currently, the firm offers the iShares Ethereum Trust ETF (ETHA), for which it buys and holds ETH.

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