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.