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U.S. Government Ranks 8th Among Global Crypto Holders with $35 Billion
Arkham's intelligence platform released its Top 100 crypto holders list, highlighting key players in the digital asset space as of Nov. 6.
- The U.S. Government ranks 8th with $35 billion in crypto assets, following recent asset seizures.
- Binance leads with $213 billion, and Coinbase follows at $114 billion.
- Bitcoin is predominant among institutional holdings.
- OKX and Upbit are in the top 10, each managing $29 billion.
- Satoshi Nakamoto holds $114 billion in dormant Bitcoin.
- BlackRock has $97 billion, Lido controls $59 billion, MicroStrategy holds $50 billion, and Fidelity Custody commands $40 billion.
Government Holdings from Seizures
- The U.S. Government's portfolio is largely from law enforcement actions against illegal operations.
- A notable seizure includes 127,271 Bitcoin linked to a Chinese businessman, valued at $15 billion during the confiscation.
Methodology
- Arkham aggregates cryptocurrency addresses belonging to individual entities for accurate net worth representation.
- Diverse participants include DeFi protocols like Lido, managing substantial staked Ethereum.
Additional Entities
- Beyond the top 10: Aave ($28.5B), Robinhood ($25.4B), Grayscale ($25.3B).
- Mt. Gox hacker holds $8.3 billion.
- Trump-linked projects and traditional finance players like Ark Invest and Bitwise are also listed.