Ethereum Holdings Report: Over 60% of total supply is held in ETH2 deposit contracts; Rain Lohmus is the largest individual holder.

According to Arkham's 2026 Ethereum holdings analysis report, the address holding the most ETH is currently the Ethereum 2.0 deposit contract, which has deposited over 76.3 million ETH (worth approximately $240 billion), accounting for over 60% of the total ETH supply. Exchange Binance ranks second with 4.1 million ETH (approximately $13 billion) (representing client holdings), ETF issuer BlackRock holds 3.4 million ETH (approximately $11 billion), and Ethereum treasury company Bitmine has confirmed on-chain holdings of 2.9 million ETH (approximately $9 billion), with its total holdings reportedly exceeding 4.1 million ETH.

Among individual holders, Rain Lohmus, an Ethereum presale investor, tops the list with 250,000 ETH (approximately $786 million), but the private key to 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 and the largest individual holder with currently accessible addresses.

The U.S. government holds approximately 60,000 ETH, primarily from asset seizures in the Brian Krewson, Potapenko/Turogin, and Bitfinex hacks. The report indicates that exchange addresses constitute the majority of the top 20 ETH holders.