Top 100 ETH Addresses and Their Stacks: What Do Whales Have?

EthereumWhales

One of the advantages of blockchain-based technologies and ledgers is that… well, they are public. This means anyone can tap into the data and gain valuable insights.

Large holders have long been touted as entities with sufficient market knowledge and experience and are often looked up to. In this article, we take a closer look at the 100 largest Ethereum-based addresses and their holdings. Let’s see what the whales contain.

Top Ethereum Whale Holdings

The data for this analysis was provided by the popular whale tracking resource – Whale Stats. It appears that $1.7 billion has been invested in the original token of the prominent cryptocurrency exchange – FTX. FTT token accounts for almost 19% of total holdings.

Interestingly, right after that is the popular memecoin Shiba Inu (SHIB). Top Whales own a whopping $1.27 billion in SHIB, which accounts for about 14.15% of their portfolios.

Top 100 ETH Whale Owns Excluding ETH. Source: WhaleStats

Recently, CryptoPotato reported that one of the major ETH whales – number 216 at the time – bought a whopping $89 million worth of SHIB in a single transaction.

Aside from lesser-known tokens that account for 7.5% of their portfolios, other preferred cryptocurrencies include the two most popular stablecoins – USDC and USDT, BEST, MATIC, Decentraland’s MANA, Chainlink, and so on.

The biggest whale of all

As mentioned, the above data does not take into account the ETH in these accounts. In any case, the biggest Ethereum address is actually the ETH 2.0 deposit contract.

At the time of writing, it holds over 10,694,610 ETH worth a staggering $31.9 billion.

And yet the ETH 2.0 depositor contract is not the leading contract in terms of value wagered. Staking Rewards data shows that Solana is currently in the lead with over $36 billion. However, the competition between Solana and Terra is as steep as it gets, with both ecosystems fighting for the lead on a daily basis.

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