Arkham IDs Robinhood as 5th-largest ETH holder
Arkham Intelligence said the wallet contains approximately $2.54 billion worth of ETH under custody for user balances. Crypto analytics platform Arkham Intelligence has revealed financial services company and crypto trading platform Robinhood as a leading holder of Ether (ETH) and the owner of the fifth -largest ETH wallet, which contains about $2.54 billion of the cryptocurrency. Arkham stated on X (formerly Twitter) that its recognition of Robinhood possessing the third -largest Bitcoin wallet garnered significant attention. However, it said less attention has been paid to its identification of Robinhood as the holder of the fifth -largest ETH wallet. In a separate update, Arkham emphasized that these funds are user balances under custody. The largest Bitcoin (BTC) wallets in the world, according to BitInfoCharts, are reportedly owned by Binance and Bitfinex. Our identification of Robinhood as the owner of the third-largest Bitcoin wallet was widely covered. But most coverage ...