Inside the Top 12 Bitcoin Addresses: Who Holds 1. 35 Million BTC
Twelve addresses on bitcoin’s rich list hold a combined 1,347,380 BTC, worth roughly $85. 2 billion at current prices near $63,265. That’s 6. 72% of all bitcoin in existence sitting behind twelve public keys. . . .
Twelve addresses on bitcoin’s rich list hold a combined 1,347,380 BTC, worth roughly $85. 2 billion at current prices near $63,265. That’s 6. 72% of all bitcoin in existence sitting behind twelve public keys. Some belong to exchanges moving customer funds around the clock. Others haven’t moved a satoshi out in years. Pulling onchain data from the top 100 rich list and cross-checking it against Arkham Intelligence’s entity tags splits these twelve addresses into two opposite camps. Key TakeawaysBinance’s top wallet has taken in bitcoin nonstop since 2018 but sent none out since Jan. 7, 2023. Twelve addresses hold 1. 35 million BTC, or 6. 72% of all coins, Arkham data shows. Onchain data for this editorial was recorded on Saturday, July 4, 2026. Upbit’s wallet, mislabeled “Mr. 100,” keeps growing, adding 1,519 BTC in the past 30 days. Binance’s Top Wallet Stops Sending But Keeps ReceivingAddress34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseoholds 248,598BTC, worth $15. 74 billion and 1. 24% of all coins in circulation. It’s the largest address on the entireblockchainin terms ofBTCheld. Binance’s cold wallet label first received funds on Oct. 18, 2018, and it’s still receivingBTCtoday, with a last-in timestamp of July 3, 2026. The address has logged 5,531 separate inbound transactions, by far the highest input count of any wallet in the top 12. Thatvolumepoints to constant customer deposits flowing into cold storage rather than a handful of large transfers. Image Source: The largestbitcoinwallet in terms ofBTCheld. Arkham Intelligence screenshot. What stands out is the exit side. The wallet’s first outbound transaction happened the same day it received its first deposit, on Oct. 18, 2018, just 20 minutes later. But the last recorded outbound transaction is dated Jan. 7, 2023. Binance‘s biggest cold wallet has taken inbitcoinnonstop for more than three years without sending any back out. A Second Binance Wallet Moves Coins Both WaysAddress3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6holds 174,934BTC, worth $11. 07 billion and 0. 8726% of all coins. It opened on Nov. 13, 2018, less than a month after the exchange’s other top wallet. Image Source: The second-largestbitcoinwallet in terms ofBTCheld. Arkham Intelligence screenshot. While it is labeled a cold wallet, this address behaves differently from its sibling. Its first inbound and first outbound transactions carry the identical timestamp, Nov. 13, 2018, at 09:11:02, meaning the wallet moved coins out the moment it received them. With only 503 total inputs, deposits into this address are far less frequent than the 5,531 logged by Binance’s top wallet, suggesting larger, less frequent transfers. The wallet remains active on both ends. Its last inbound transaction landed on June 5, 2026, and its last outbound transaction is dated April 16, 2026. Unlike the top-ranked Binance address, this one still sends coins out regularly. Robinhood’s Cold Wallet Is Still GrowingAddressbc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2holds 140,850BTC, worth $8. 92 billion and 0. 7026% of all coins. Tagged toRobinhood‘s cold wallet, it’s the youngest major address on the list by first-deposit date, receiving its first funds on May 8, 2023. Despite being roughly five years younger than the Binance and Bitfinex wallets ranked above it, the address has already climbed to third on the rich list. It logged 649 inbound transactions, and its first outbound transaction came just one day after its first deposit, on May 9, 2023. Image Source: The third-largestbitcoinwallet in terms ofBTCheld. Arkham Intelligence screenshot. The wallet is still accumulating. Over the past 30 days, it added 787BTCin net new coins, and its last inbound transaction was recorded on July 3, 2026, the Friday before this data was pulled. Robinhood’s cold storage is growing faster, in relative terms, than any other wallet in the top four. Bitfinex’s Cold Wallet Has Gone Quiet on WithdrawalsAddressbc1qgdjqv0av3q56jvd82tkdjpy7gdp9ut8tlqmgrpmv24sq90ecnvqqjwvw97holds 130,010BTC, worth $8. 23 billion and 0. 6485% of all coins. Labeled Bitfinex’s cold wallet, it opened on Aug. 16, 2019. Image Source: The fourth largestbitcoinwallet in terms ofBTCheld. Arkham Intelligence screenshot. The address logged 342 total inbound transactions and didn’t record its first outbound transaction until Feb. 2, 2020, nearly six months after its first deposit. That gap suggests the wallet was built up as pure cold storage before any withdrawal activity began. Inbound activity remains current, with a last-in date of July 3, 2026. But the last outbound transaction on record is June 2, 2025, more than a year earlier. Like Binance’s top wallet, Bitfinex’s cold storage keeps taking in coins while sending nothing back out. Tether’s Bitcoin Reserve Moves on Both SidesAddressbc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4holds 96,936BTC, worth $6. 14 billion and 0. 4835% of all coins. Tagged to Tether, the address first received funds on Sept. 30, 2022, making it one of the newer entries in the top ten. With 192 total inputs, deposit activity here is lighter than most of the wallets ranked above it. The first outbound transaction followed quickly, landing the same day as the first deposit, roughly 90 minutes later on Sept. 30, 2022. Image Source: The fifth largestbitcoinwallet in terms ofBTCheld. Arkham Intelligence screenshot. The wallet stays active in both directions. Its last inbound transaction was recorded on July 3, 2026, and its last outbound transaction hit on June 2, 2026, just weeks earlier. Tether’sbitcoinholdings, unlike several of the older exchange wallets on this list, continue to see coins flow in and out. For some unknown reason, the Tether reserve wallet reduced its holdings by 204. 3000084BTC, or around $12. 9 million worth, and sent it to Bitfinex on June 2. The Bitfinex Hack Recovery Wallet Only Takes Coins InAddressbc1qazcm763858nkj2dj986etajv6wquslv8uxwcztholds 94,643BTC, worth $5. 99 billion and 0. 4721% of all coins. The label ties it to the Bitfinex hack recovery effort, the long-running case tied to the 2016 exchange breach. It first received funds on Jan. 31, 2022. It is owned and managed by the U. S. government. Image Source: The sixth largestbitcoinwallet in terms ofBTCheld. Arkham Intelligence screenshot. The address has logged 182 inbound transactions and its last deposit landed July 3, 2026. There is no first-out or last-out timestamp recorded for this wallet at all. Every satoshi that has entered this address is still sitting there. That pattern lines up with what’s publicly known about the recovery case: seized coins tied to the hack have been held in government-linked custody rather than moved or liquidated onchain through this address. Arkham Flags The 7th Largest Address as Bitfinex, With a Question MarkAddressbc1qd4ysezhmypwty5dnw7c8nqy5h5nxg0xqsvaefd0qn5kq32vwnwqqgv4rzrholds 91,850BTC, worth $5. 81 billion and 0. 4582% of all coins. On the rich list itself, this address carries no confirmed entity label. Arkham Intelligence’s own portfolio page tags it “Bitfinex?” with a question mark attached to the name, rather than a confirmed identification. Image Source: The seventh-largestbitcoinwallet in terms ofBTCheld. Arkham Intelligence screenshot. The wallet first received funds on Oct. 11, 2021, and has logged 230 total inputs. Its first outbound transaction came on July 15, 2022, roughly nine months later. Both inbound and outbound activity are recent, with a last-in date of July 3, 2026, and a last-out date of April 24, 2026. Because Arkham marks the Bitfinex tag as unconfirmed, this address is best treated as an unverified attribution rather than a confirmed exchange wallet until stronger onchain or off-chain evidence ties it to the exchange directly. The Oldest Wallet on the List Predates the Others by Seven YearsAddress1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uFholds 79,957BTC, worth $5. 06 billion and 0. 3988% of all coins. Labeled theMt Goxhack wallet, it first received funds on March 1, 2011, making it the oldest address in the entire top 12 by a wide margin. The next-oldest wallet on this list didn’t open until 2018. Image Source: The eighth-largestbitcoinwallet in terms ofBTCheld. Arkham Intelligence screenshot. The address has taken in 689 separate deposits over 15 years and its last inbound transaction was recorded on July 3, 2026. It should be noted that lots of these inbound transfers are simply dust transactions. As with the Bitfinex hack recovery wallet, there is no first-out or last-out timestamp on record. Every coin that has landed in this address since 2011 remains there. That matches the known status ofMt. Gox’s remainingbitcoin, held for years pending creditor repayment plans rather than moved through this particular address. An Unlabeled Whale Wallet Has No Confirmed OwnerAddressbc1q8yj0herd4r4yxszw3nkfvt53433thk0f5qst4gholds 78,317BTC, worth $4. 96 billion and 0. 3907% of all coins. The rich list carries no entity name for this address, and Arkham Intelligence’s portfolio page confirms why: it tags the wallet only as a “BTCWhale” and a “Dormant Address,” with no exchange, company, or individual attached to it. Image Source: The ninth-largestbitcoinwallet in terms ofBTCheld. Arkham Intelligence screenshot. The address first received funds on March 22, 2024, making it the youngest wallet on this list by first-deposit date. It has logged just 95 total inputs, the lowest input count in the top 12, which points to a small number of large deposits rather than routine operational activity. There is no first-out or last-out transaction on record. With no confirmed owner and a small handful of large, one-way deposits, this address fits the profile of a single large holder rather than an exchange or custodian. The Wallet Labeled ‘Mr. 100’ Is Actually Upbit’s Cold StorageAddress1Ay8vMC7R1UbyCCZRVULMV7iQpHSAbguJPholds 73,715BTC, worth $4. 67 billion and 0. 3677% of all coins. The rich list mislabels this wallet “Mr. 100. ” Arkham Intelligence’s portfolio page identifies the same address as Upbit’s cold wallet, tagged as acentralized exchangeaddress. Arkham is far from the only onchain analytics team to dismiss the“Mr. 100” narrative, as no such entityexists. Image Source: The tenth largestbitcoinwallet in terms ofBTCheld. Arkham Intelligence screenshot. The wallet first received funds on Nov. 2, 2022, and its first outbound transaction followed the same day, about four hours later. It has logged 2,849 total inputs, the second-highest count in the top 12 behind Binance’s top wallet, and remains the most recently active address on the entire list. Its last inbound transaction landed on July 4, 2026, and its last outbound transaction hit on July 2, 2026, just two days earlier. The wallet is still growing. It added 4. 01BTCover the past seven days and 1,519BTCover the past 30 days. Between the near-real-time activity and the correct Upbit attribution, this address is one of the more actively managed exchange wallets on the list, not a mysterious individual holder. The Silk Road Wallet Seized by the FBI Hasn’t Moved a CoinAddressbc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6holds 69,370BTC, worth $4. 39 billion and 0. 3460% of all coins. Labeled the Silk Road wallet confiscated by the FBI, it first received funds on Nov. 3, 2020. Image Source: The eleventh largestbitcoinwallet in terms ofBTCheld. Arkham Intelligence screenshot. The address has logged 180 inbound transactions, with the most recent landing June 28, 2026. There is no first-out or last-out transaction recorded. Every coin seized into this address remains there. That fits the long-running pattern of Silk Roadbitcoinheld in government custody, with periodic legal proceedings determining when and how those coins eventually move, rather than routine onchain withdrawals. This particular cache is now under the ownership and stewardship of the U. S. government, where it is expected to remain for the foreseeable future. Binance’s BTCB Reserve Has Made Exactly One WithdrawalAddress3LYJfcfHPXYJreMsASk2jkn69LWEYKzexbholds 68,200BTC, worth $4. 32 billion and 0. 3402% of all coins. Labeled Binance’s BTCB reserve, tied to the wrappedbitcointoken onBNBChain, it first received funds on June 17, 2019. Image Source: The twelfth largestbitcoinwallet in terms ofBTCheld. Arkham Intelligence screenshot. The address has logged 168 total inputs, and its last inbound transaction was recorded on June 5, 2026. The notable detail sits on the outbound side: the wallet’s first outbound transaction and its last outbound transaction share the exact same timestamp, Nov. 17, 2022, at 22:36:20. That means this reserve address has recorded only one outbound transaction in its entire history. For a wallet backing a token meant to representbitcoinone-to-one on another chain, a single withdrawal event in over six years points to a reserve that’s built to hold, not to actively circulate coins. The Top 10 Pattern Has Changed and Likely Always WillSome of these wallets are likely to see movement soon. Upbit’s cold wallet and Robinhood’s cold wallet are still actively accumulating, andTether‘sbitcoinaddress has sent and received coins within the past month, so more transactions from those addresses are reasonable to expect. Others show no sign of moving at all. TheMt. Goxwallet has sat untouched since 2011 outside of deposits, and the Silk Road and Bitfinex hack recovery addresses have never recorded a single outbound transaction. Those coins have already gone years without moving, and nothing in the onchain data suggests that changes will come soon. Between the two extremes sits a wallet like Binance’s top address, which took inbitcoinfor years before its outflows stopped in January 2023, a reminder that a wallet’s behavior can shift over time rather than stay fixed in one pattern.