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Below is a list of the top 100 crypto holders, ranked by the total US dollar value of their digital asset portfolios. The list has three columns: the entity name, a link to their entity page on the Arkham Intel platform (where the data was sourced from), and the holdings value in dollars.

For this list, we look at "entities" rather than individual wallets. An entity represents a collection of crypto addresses confirmed to be controlled by the same individual or institution (like an exchange, DeFi protocol, or corporation). This approach offers a far more accurate picture of the true net worth of these crypto whales.

Dollar holdings are correct as of 2nd September 2025.

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Frequently Asked Questions (FAQ)

1. Who are the biggest crypto holders?

‍The biggest crypto holders are typically a mix of cryptocurrency exchanges (like Binance and Coinbase), institutional investors, venture capital firms, protocol treasuries (like Ethereum's or Solana's foundations), and a few early individual investors often referred to as "whales." Our list above provides a detailed breakdown.

2. What is a "crypto whale"?

‍A "crypto whale" is a term used to describe an individual or entity that holds a very large amount of a specific cryptocurrency or a diverse portfolio of digital assets. Their actions, such as buying or selling large amounts, can potentially impact the market.

3. Why does this list use "entities" instead of just "wallets"?

‍Large holders rarely keep all their assets in a single wallet for security and operational reasons. By grouping all associated wallets into a single "entity," we provide a much more accurate and complete picture of that entity's total holdings and influence in the crypto market.

4. How is the net worth of these crypto holders calculated?

‍The net worth for this ranking is calculated by taking all the crypto assets held across an entity's known addresses and multiplying them by their respective US dollar market price on a specific date (in this case, September 2nd, 2025). This does not include any of their non-crypto assets.