Arkham Exposes 2025’s Crypto Titans: Binance, Coinbase, Satoshi & The Whale Watch You Can’t Miss

Arkham Intelligence just dropped the nuclear codes to crypto's most guarded secret—who really holds the keys to the kingdom.

Unmasking The Digital Titans

Binance and Coinbase aren't just exchanges anymore—they're sovereign wealth funds with better liquidity. Then there's Satoshi's original stash, sitting there like a billion-dollar time capsule nobody can crack.

The Whale Economy In Motion

Watch these behemoths move markets with single transactions. They don't trade—they rearrange the chessboard while retail traders play checkers.

Transparency's Double-Edged Sword

For all the decentralization talk, crypto's power structure looks suspiciously like traditional finance—just with more anonymous Twitter accounts and fewer suits.

Arkham's data proves what we suspected all along: in crypto, the house always wins—even when the house is supposed to be decentralized. Maybe that's the real innovation.

Arkham Intelligence has unveiled its latest rankings of the world’s largest crypto holders.

Top exchanges, institutions, major protocols, corporations, and early adopters are all in the list, reflecting a diverse mix of players. 

In the list, Arkham has grouped wallets that belong to the same person, company, or protocol, or exchanges, into entities. This provides a clearer view of an entity’s total holdings and its real influence in the crypto market. Together, these entities control roughly $1.6 trillion in crypto. 

The Top Crypto Holders

Binance, the world’s largest crypto exchange by volume, tops the list with over $209 billion worth of crypto across its entity. Right behind is Coinbase, the U.S.-based exchange, with more than $155 billion in crypto. Satoshi Nakamoto, Bitcoin’s pseudonymous creator, stands at number three, with over $125 billion in Bitcoin. 

In the top five, is BlackRock, the world’s largest asset manager, with over $100 billion in crypto exposure. Fidelity Custody and Grayscale are in the top 10 with $47.5 billion and $34 billion in crypto holdings. MicroStrategy, the Bitcoin treasury giant has amassed more than $53 billion worth of BTC.

Exchanges, DeFi Protocols, Governments, and Major Crypto Players

South Korea’s leading exchange, Upbit, has over $32 billion in crypto. Meanwhile, decentralised protocols, Lido and AAVE also hold nearly $70 billion and over $31 billion in crypto.

Exchanges OKX, Kraken and Bitfinex hold over $30 billion in crypto. While Arbitrum and Robinhood hold over $29 billion and $26 billion.

Governments are also in the list with the U.S holding about $23 billion in crypto, while the U.K. controls around $6.9 billion. Other notable entities on the list include projects like Pump.fun with $3.3 billion, Mt. Gox with $3.9 billion and key networks such as Polygon with $10.6 billion. The OFFICIAL TRUMP Meme also holds over $7 billion in crypto. 

Tron founder Justin SUN and Winklevoss Capital also hold over $2 billion in crypto.

Corporate Crypto Treasuries

Publicly traded companies recently crossed $1 billion in Bitcoin holdings. Companies are not just investing in Bitcoin, they are increasingly exploring other cryptocurrencies as well. Ethereum treasuries are also gaining strength with entities now holding 4.91 million ETH, valued at $21.6 billion at current prices. Solana, Dogecoin, and Binance Coin are also held by companies in their treasuries.

This data highlights the growing diversity of crypto holders, from exchanges and DeFi protocols to governments, early investors, and corporate treasuries. While Bitcoin continues to dominate, entities are also diversifying into ethereum and other tokens.