Arkham’s top 5 doxed crypto hodlers own $3.5B, but 35% is untouchable

Martin Young2 hours agoArkham’s top 5 doxed crypto hodlers own $3.5B, but 35% is untouchableAround $1.2 billion worth of crypto in the top five holders’ wallets have been flagged as ‘inaccessible’ due to lost private keys.1228 Total views16 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe top five identified crypto whales with publicly known wallet addresses hold around $3.5 billion in crypto, according to a dashboard from blockchain intelligence firm Arkham.

However, due to lost passwords and private keys, a large chunk of it is inaccessible. 

On April 15, the on-chain intelligence platform announced the updated dashboard revealing the holdings of some of the world’s on-chain-verified richest crypto holders and whales, including Tron’s Justin Sun and Ethereum’s Vitalik Buterin.

The top five crypto holders on its list currently own an aggregate of $3.47 billion in digital assets, according to the data. However, around 35% or $1.21 billion of that total has been flagged as ‘inaccessible.’Source:Arkham IntelligenceArkham’s crypto top five

Justin Sun tops the list with a reported $1.06 billion in his crypto wallet. The Tron network founder’s wallet is heavy on his own stablecoin, Decentralized USD (USDD), with $275 million in holdings, followed by the network’s native token, Tron (TRX), of which he holds $237 million worth.

Rain Lõhmus, the founder of Estonia-based LHV Bank, is second on Arkham’s list with $769 million worth of Ether. However, it has been flagged as inaccessible, as it was reported in November that he lost access to his private key.

Ethereum co-founder Vitalik Buterin comes third with a wallet containing $757 million, primarily in ETH, of which he holds 245,425 tokens.

The Bitcoin wallet of the former chief technology officer at Ripple, Stefan Thomas, shows up as fourth on the list. However, his $442 million worth of Bitcoin (BTC) has also been flagged inaccessible.

Thomas lost access to more than 7,000 Bitcoin in 2011 after losing the password to the encrypted hard drive holding the details of his cryptocurrency.

In October, crypto recovery firm Unciphered offered to unlock the IronKey hard drive.

Related:Ethereum’s next hard fork could make lost private keys a thing of the past

Crypto venture capitalist James Fickel rounds out the top five with $436 million worth of digital assets in his wallet, according to Arkham.

Other notable crypto wallets in the top ten include early adopter Patricio Worthalter, who holds $219 million worth, primarily in ETH. General Partner at Cluster Capital, Winslow Strong, is listed as holding $27.5 million worth of digital assets.

For those included, the dashboard displays public wallets tagged by Arkham, their current token holdings and balance history, a breakdown of portfolios across chains and historical daily balances, and recent activity.

However, the list doesn’t contain whale wallets that are linked to unknown or pseudonymous owners, such as Bitcoin’s creator Satoshi Nakamoto whose BTC holdings are estimated to be worth tens of billions across multiple addresses, or other crypto titans that currently aren’t linked to a particular wallet address.

Magazine: 1 in 6 new Base meme coins are scams, 91% have vulnerabilities# Blockchain# Wallet# Private KeysAdd reaction