Who Really Owns All the Ethereum? On-Chain Study Reveals Surprising Names
BeInCrypto
An Arkham Intelligence report reveals that staking contracts, exchanges, and institutions now dominate the majority of Ethereum's circulating supply.Summary
A 2026 report by Arkham Intelligence highlights that the majority of Ethereum's supply is held by staking contracts, centralized exchanges, and financial institutions. The ETH2 Beacon Deposit Contract leads with approximately 66% of the total supply, while major exchanges like Coinbase and Binance, along with institutional players like BlackRock and Bitmine, hold significant portions. The study also notes that individual holders like Rain Lohmus possess large amounts of inaccessible ETH, while Ethereum co-founder Vitalik Buterin remains the largest holder with accessible funds. Furthermore, the Ethereum Foundation has shifted its strategy from selling ETH to staking it to fund ecosystem development.
(Source：BeInCrypto)