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Stock impact report

Who Really Owns All the Ethereum? On-Chain Study Reveals Surprising Names [Yahoo! Finance]

Coinbase Global, Inc. - 3Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
The report draws on on-chain data from the Arkham Intel Platform and covers entities ranging from centralized exchanges to individual pre-sale investors. Staking and Exchanges Control Most ETH The ETH2 Beacon Deposit Contract sits at the top of the list with over 82 million ETH, valued at approximately $169 billion. That figure represents roughly 66% of the total ETH supply, locked by validators securing the network. https://twitter.com/best_cryptobest/status/2040023448383344733?s=20 Among exchanges, Coinbase leads with 4.2 million ETH ($8.6 billion), followed by Binance with 3.6 million ETH ($7.3 billion). South Korean exchange Upbit ranks third at 1.7 million ETH. These holdings are custodial, held on behalf of users for trading, withdrawals, and staking services. On the financial institution side, BlackRock holds over 3 million ETH ($6 billion) through its iShares Ethereum Trust ETF. Treasury company Bitmine has declared 4.7 million ETH in total, though only 914,00 Show less Read more
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