Ethereum Rich List Revealed

12 Mar, 2024 Updated 27 Aug, 2024

By Ezra Icy

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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Following Bitcoin’s price surge and crossing ATH value, Ethereum has succeeded in crossing the $4K mark recently as well, and with the Ethereum list out, it’s clear who the top holders are.

Over the last two months, Ethereum has progressed bullishly, surging over 61% in a month. The crypto market is highly greedy, pushing cryptocurrencies up, including ETH. At this rate, Ethereum might be able to hit the ATH in the next few months.

Top Holders In The Ethereum Rich List

The list of the top 100 wealthiest Ethereum addresses is out, which has disclosed the information addresses information, quantity, total percentage of holding, and any changes in the seven days. There are 261,152,335 holders of Ethereum, where the top 10% are responsible for 43.55% of the total ETH amount, whereas the top 100 holders are responsible for only 55.73% of the total ETH.

Compared to the one year ago data, they have grown a lot. Last year, the top 10 were responsible for 25.11%, whereas the top 100 were responsible for 38.85%.

The number one address, “0x00000000219ab540356cbb839cbe05303d7705fa” alone is responsible for 34.19% of the total ETH quantity, which is 41,060,152. If we calculate that with the recent price of ETH, $4002.27, the address is carrying $164 Billion with ETH ($164,333,814,545.04). In the last seven days, it has also gathered 485,400 ETH.

There is a massive difference between the first wealthiest holder and the second top. The second wealthiest address is carrying only $2.52%. The quantity on this address is 3,021,844, worth $12 Billion (12,094,235,585.88). In the last seven days, this address has transferred 77,559 out of the address.

Major Ethereum Exchange Holders

Binance, the biggest centralized exchange, is accountable for 5.451% of Ethereum, whereas Kraken holds 1.3558%. The list further includes Gemini (0.3077%), Bitfinex(0.3624%), OKX(0.6246), Bybit(0.1277), and Bithumb (0.0916).

Conclusion

Ethereum is only 18% away from reaching its ATH value of $4,891.70. With the ongoing bullish market conditions and Ethereum’s popularity, it might cross its ATH soon. The Ethereum rich list reveals that one Ethereum address is responsible for bearing 34.19% of total ETH, and no other address carries anything near that.

Learn more about Bitcoin price hits ATH and why BTC price is pumping.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.