Arkham stated that Ethereum 2.0 deposit contracts currently hold the most ETH , with over 76.3 million ETH (approximately $240 billion), equivalent to over 60% of the total ETH supply.
Arkham 's 2026 Ethereum holdings analysis report ranks institutions, individuals, and governments by the amount of ETH on-chain , showing that the majority of the top 20 belong to exchange addresses and asset management entities.
- ETH 2.0 contract deposits: >76.3 million ETH, >60% of supply.
- Binance received 4.1 million ETH; BlackRock received 3.4 million; Bitmine confirmed 2.9 million.
- Largest individual holdings: Rain Lohmus 250,000 ETH (locked up); Vitalik 240,000 ETH.
Top addresses holding ETH: deposit contracts and institutions
The address holding the most ETH is currently the Ethereum 2.0 deposit contract, with over 76.3 million ETH (approximately $240 billion), accounting for over 60% of the total supply.
The next largest holdings include Binance with 4.1 million ETH (approximately $13 billion), noted as client holdings. ETF issuer BlackRock holds 3.4 million ETH (approximately $11 billion). Ethereum treasury company Bitmine confirmed on-chain holdings of 2.9 million ETH (approximately $9 billion).
For Bitmine, the report states that the total holdings are believed to exceed 4.1 million ETH, but the portion confirmed directly on the chain is 2.9 million ETH. Arkham also stated that exchange addresses account for the majority of the top 20 addresses holding ETH.
Presale investors, Vitalik, and the US government's ETH holdings.
Among the private pool, Rain Lohmus leads with 250,000 ETH (approximately $786 million), but the private key for his wallet has been lost.
Ethereum co-founder Vitalik Buterin holds 240,000 ETH (approximately $754 million), making him the second-largest individual holder of ETH by amount and the largest individual holder with currently accessible addresses. This makes wallet availability a key factor separating nominal holdings from actual usability.
The US government holds approximately 60,000 ETH, primarily from asset seizures related to Brian Krewson, Potapenko/Turogin, and the Bitfinex hack. The report highlights the overall picture: exchanges and custodians remain the dominant group among the largest ETH holders.
