Author: Thejaswini M A; Translator: Block unicorn
Foreword
If different wallets are combined into one entity, Satoshi Nakamoto, the anonymous creator of Bitcoin, is the largest holder, holding 1.096 million Bitcoins (approximately $77 billion). The tag Arkham originates from a known mining pattern known as the "Patosi pattern" and contains the only (known) address where Satoshi Nakamoto spent Bitcoins. Research indicates that he received this Bitcoin as a reward for mining 22,000 blocks.
As for a single address, the wallet holding the most Bitcoins is a cold wallet on the Binance exchange, holding nearly 250,000 Bitcoins.
In terms of a single address, the wallet holding the most Bitcoins is a cold wallet on the Binance exchange, holding nearly 250,000 Bitcoins.
BinanceHolds 655,000, FromETF Issuers
Since the launch of the Bitcoin spot ETF in the US in January 2024, Arkham is the first to identify all ETFs on-chain.<span leaf="" para",{"tagName":"p","attributes":{"style":"margin-right: 8px;margin-bottom: 0px;margin-left: 8px;letter-spacing: 0.578px;"},"namespaceURI":"http://www.w3.org/1999/xhtml"}]'>
ARK Invest
Grayscale is an asset management company that offers a range of products to the public markets. The company is a subsidiary of Digital Currency Group. All digital assets of Grayscale's financial products are also custodied on the Coinbase platform. While Grayscale publicly discloses its Bitcoin balance, they refuse to reveal the on-chain addresses of the trust—we successfully located these addresses on-chain, distributed across more than 1750 different addresses, each holding no more than 1000 Bitcoins.
Governments of Various Countries
Holdings
Value | Supply share (%) | 1 | 美National Government | 328,000 | 23 billion | 1.64% |
2 | British Government | 61,000 | 40Billion | 0.31% |
3 | El Salvador Government | 7500 | 5.35billion | 0.03% |
4 | Emirates Royal Group (Castle Mining) | 6800 | 4.83Billion | 0.03% |
5 | Royal Government of Bhutan (Druk Holdings) | 5400 | 3.82Billion | 0.03% |
6 | Russian Government | 1000 | Ranking | Address | BTCHoldingAmount | Value | Supply share (%) |
1 | bc1qd4ysezhmypwty5dnw7c8nqy5h5nxg0xqsvaefd0qn5kq32vwnwqqgv4rzr | 92,000 | 6.5 billion | 0.46% |
2 | bc1q8yj0herd4r4yxszw3nkfvt53433thk0f5qst4g | 78,317 | 50Billion | 0.39% |
3 | 1LdRcdxfbSnmCYYNdeYpUnztiYzVfBEQeC | 53,880 | 40billion | 0.27% |
4 | 1AC4fMwgY8j9onSbXEWeH6Zan8QGMSdmtA | 51,830 | 3 text="">% |
5 | 1LruNZjwamWJXThX2Y8C2d47QqhAkkc5os | 44,000 | 30Billion | 0.22% |
Bitcoin, which began as a niche project for cryptography enthusiasts, has evolved into a globally significant financial asset, held by numerous companies, individuals, and government agencies. Bitcoin's immense appeal stems from its decentralized nature. This ensures that the Bitcoin network is not completely controlled by any single individual; even the most determined attacker would find it virtually impossible, as the cost would be extremely high, to gain control of the entire network. The maximum supply of 21 million Bitcoins is a fundamental element of the project's design, ensuring its scarcity and preventing its value from being inflated through increased issuance. Considering that approximately 3.7 million Bitcoins are permanently held in inaccessible wallets, the actual total supply of Bitcoin is even lower. That's all for today. See you in the next article.