Arkham Releases Top 5 Crypto Rich List – You Won’t Believe How Much Is Inaccessible
April 16 2024 - 1:00PM
NEWSBTC
Arkham Intelligence, an industry leader in on-chain data tracking,
has released a list of the richest people in crypto according to
their wallet balances. This list has been making the rounds in the
crypto community due to the top 5 alone being worth billions of
dollars. But perhaps, what is more interesting is how much of this
money has now been deemed inaccessible. 3 Of The Top 5 Crypto Rich
List Lost Forever Arkham took to X (formerly Twitter) to share the
top 10 richest individuals in crypto ranked by the net worth of
their wallet holdings. But the most interesting bits actually lay
in the list of the top 5 richest individuals, which included the
likes of Tron’s Justin Sun and Ethereum’s Vitalik Buterin. Related
Reading: Dogecoin Flashes Weekly Golden Cross: Why This Analyst
Believes The Bull Rally Is Far From Over According to the data
shared by Arkham, Justin Sun emerged at the top of the list with a
wallet balance of $1.1 billion, followed by Rain Lohmus, the
Chairman of LHV Bank, whose wallet is worth $793 million. Next in
line is Ethereum founder Vitalik Buterin, with a wallet balance of
$782 million. In fourth place is Stefan Thomas, a software engineer
whose wallet holds a considerable $452 million. And then last but
not least is James Fickel, with a total wallet net worth of $446
million. Altogether, these crypto millionaires and billionaire,
hold a total of $3.5 billion. However, not all of this money is
available to the owners. As Arkham notes in its report, two out of
these five individuals are no longer able to access their wallets
anymore. The first of these two is Rain Lohmus who had invested
$75,000 during the Ethereum ICO. Lohmus’s allocation came out to
250,000 ETH, which has appreciated greatly over time. However, he
can no longer access the coins. According to Lohmus, he had lost
access to his Ethereum wallet and was unable to find the key to the
wallet. Given this, the coins are presumed to be lost forever, but
Lohmus has offered a 50-50 split to anyone who can access the
wallet and recover the funds. Related Reading: Bitcoin Goes Pro:
UFC Winner Wants $300,000 Bonus Paid In BTC Another individual
whose coins are deemed lost is Stefan Thomas. Thomas is infamous in
the crypto space for throwing out a flash drive that held the
private keys to a wallet containing over 7,000 BTC over 10 years
ago. Since then, Thomas has led efforts to excavate the landfill
where he believes his trash was sent to, in an effort to recover
the flash drive and recover the coins. However, he has run into
various issues, such as the city not allowing him to excavate the
dump site. The other three on the list still have access to their
wallets and are still involved in the crypto space to varying
degrees. Total market cap at $2.2 trillion | Source: Crypto Total
Market Cap on Tradingview.com Featured image from Bankrate, chart
from Tradingview.com
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