As of the most recent data, here are the top 10 holders of Ethereum (ETH), listed in sequence based on the amount of ETH held:

  1. Ethereum Foundation

    • ETH Held: Approximately 1.5 million ETH

    • Purpose: Supports the development of the Ethereum network and ecosystem.

  2. Binance Exchange

    • ETH Held: Roughly 3.7 million ETH

    • Purpose: Holds ETH on behalf of users who have deposited coins on the platform.

  3. Wrapped Ethereum (WETH) Contracts

    • ETH Held: Over 2.6 million ETH

    • Purpose: The WETH contract facilitates the wrapped version of Ethereum for use in decentralized finance (DeFi) applications.

  4. Smart Contract (Ethereum 2.0 Beacon Chain Deposits)

    • ETH Held: Around 6.3 million ETH

    • Purpose: These funds are staked in Ethereum’s Proof-of-Stake (PoS) network for securing the blockchain.

  5. Coinbase Exchange

    • ETH Held: Estimated 2.0 million ETH

    • Purpose: Coinbase holds ETH in user wallets, primarily for trading and staking services.

  6. Kraken Exchange

    • ETH Held: Estimated 1.5 million ETH

    • Purpose: Kraken holds ETH as part of its trading and staking services for customers.

  7. Lido DAO (Staked ETH)

    • ETH Held: Over 6.4 million ETH

    • Purpose: Lido is the leading decentralized staking platform, and its vaults hold staked ETH for network validators.

  8. FTX Exchange (Prior to Collapse)

    • ETH Held: Historically around 2.0 million ETH (until bankruptcy proceedings)

    • Purpose: Held ETH on behalf of users for trading and borrowing purposes. FTX’s ETH holdings are currently under legal dispute due to the collapse.

  9. MakerDAO

    • ETH Held: Approx. 1 million ETH

    • Purpose: MakerDAO holds ETH as collateral for issuing DAI, the decentralized stablecoin.

  10. Vitalik Buterin (Founder of Ethereum)

  • ETH Held: Estimated 300,000–500,000 ETH

  • Purpose: Vitalik holds ETH as a personal investment, although he has pledged to gradually sell or donate portions of it for charitable purposes.

đŸ€just go to my profile and view thw pinned post for something newđŸ€

Note: The rankings can fluctuate due to market activity, staking, and the movements of institutional wallets. These figures reflect the current known distribution of ETH and could change as new data becomes available.

#ETHPriceSurge