The Elite Ten: How a Handful of Ethereum Wallets Command Over a Third of ETH's Total Supply
Ethereum (ETH), boasting its position as the second most dominant cryptocurrency by market capitalization, is held by a staggering 242,686,839 unique addresses. Fast forward to September 3, 2023, and a mere ten ether addresses command a whopping 34.18% of its entire supply. Let’s dive in for an insightful glimpse into the top ten ETH wallets and the powerhouses steering today’s vast ether reserves.
The Titans of Ethereum: Who Holds the Lion’s Share of ETH?
On September 1, 2023, Bitcoin.com News spotlighted the elite ten bitcoin (BTC) addresses , endeavoring to unveil their proprietors. The investigation revealed that 8 of the top 10 bitcoin vaults have discernible owners, with one potentially linked to Huobi, while the identity of the 10th remains shrouded in mystery. Now, let’s pivot our attention to the ten titans of ethereum ( ETH ), ranked by the volume of ether they possess.
Topping the chart is the Beacon Chain deposit contract address , cradling a staggering 29,323,040 ETH , which translates to 24.39% of the total ETH treasure trove. The Beacon Chain plays a pivotal role in orchestrating the Ethereum network, overseeing its stakers and validators. Hot on its heels is the Wrapped Ether contract , the address associated with the current WETH in circulation, safeguarding 2.62% of the ETH bounty, amounting to 3,149,676 ether as of September 3. Binance, the crypto trading giant, reigns over the third spot with its vault amassing 1,996,008 ether, a solid 1.66% of ETH ’s wealth.
READ MORE: https://news.bitcoin.com/the-elite-ten-how-a-handful-of-ethereum-wallets-command-over-a-third-of-eths-total-supply/
Ethereum (ETH), boasting its position as the second most dominant cryptocurrency by market capitalization, is held by a staggering 242,686,839 unique addresses. Fast forward to September 3, 2023, and a mere ten ether addresses command a whopping 34.18% of its entire supply. Let’s dive in for an insightful glimpse into the top ten ETH wallets and the powerhouses steering today’s vast ether reserves.
The Titans of Ethereum: Who Holds the Lion’s Share of ETH?
On September 1, 2023, Bitcoin.com News spotlighted the elite ten bitcoin (BTC) addresses , endeavoring to unveil their proprietors. The investigation revealed that 8 of the top 10 bitcoin vaults have discernible owners, with one potentially linked to Huobi, while the identity of the 10th remains shrouded in mystery. Now, let’s pivot our attention to the ten titans of ethereum ( ETH ), ranked by the volume of ether they possess.
Topping the chart is the Beacon Chain deposit contract address , cradling a staggering 29,323,040 ETH , which translates to 24.39% of the total ETH treasure trove. The Beacon Chain plays a pivotal role in orchestrating the Ethereum network, overseeing its stakers and validators. Hot on its heels is the Wrapped Ether contract , the address associated with the current WETH in circulation, safeguarding 2.62% of the ETH bounty, amounting to 3,149,676 ether as of September 3. Binance, the crypto trading giant, reigns over the third spot with its vault amassing 1,996,008 ether, a solid 1.66% of ETH ’s wealth.
READ MORE: https://news.bitcoin.com/the-elite-ten-how-a-handful-of-ethereum-wallets-command-over-a-third-of-eths-total-supply/
| 28,000 mlx | |
| 313 | |
| 2 |
0 comments