The Top 100 Holders of Crypto

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In this article, we present the top 100 Arkham entities based on the value of their confirmed on-chain holdings, denominated in US dollars. An Arkham entity is a collection of crypto addresses that have been confirmed (by Arkham) to be controlled by te same individual or institution ((like an exchange, DeFi protocol, or corporation). These are not the top 100 individual crypto addresses.

The table has three columns: the name of the entity (e.g. Binance), a link to their entity page on the Arkham Intel Platform (which is where the data has been sourced from), and the value of the entity's holdings.

Dollar holdings are correct as of 23rd February 2026.

Before showing the full table of the top 100 Arkham entities, below is an extract from the table showing the top 10 entities and what category of entity they fall under.

Top 10 crypto holders

1. Binance (Exchange): $145.1B

2. Coinbase (Exchange): $76.8B

3. Satoshi Nakamoto (Creator): $74.1B

4. BlackRock (Investment management company): $57.3B

5. Lido (DeFi protocol): $36.1B

6. Fidelity Custody (Investment management company): $30.7B

7. Strategy (BTC treasury company): $28.1B

8. Aave (DeFi protocol): $23.9B

9. OKX (Exchange): $23.9B

10. U.S. Government (National government): $22.6B

Top 100 crypto holders

Dollar holdings are correct as of 23rd February 2026.

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Frequently Asked Questions (FAQ)

1. Typically, what are the biggest crypto entities?

‍The biggest crypto entities are typically a mix of centralized exchanges (Binance and Coinbase), asset managers (BlackRock), venture capital firms, DeFi protocols (like Aave or Lido), and a few early individual investors often referred to as "whales."

2. What is a whale?

‍A whale is an individual or entity that holds a large amount of a specific cryptocurrency. Whales are capable of moving the market when they buy or sell a token.

3. Why look at the top entities rather than individual addresses?

‍Large holders have multiple crypto addresses for security and technologicial reasons. By grouping the associated wallets into an entity, we provide a more complete picture of an institution or individual's total holdings.

4. How are the USD holdings of these crypto holders calculated?

‍The USD holdings are calculated by taking all the token holdings held across an entity's known addresses and multiplying them by their US dollar market price on a specific date (in this case, February 23rd, 2026).