Arkham Study: Top Crypto Billionaires and Their Lost Fortunes
Arkham’s on-chain analytics ranks the richest names in the cryptocurrency world, highlighting over $115 billion in frozen assets. Leading the list is Bitcoin’s pseudonymous creator, Satoshi Nakamoto, with roughly 22,000 BTC mined between 2009 and 2010. TRON founder Justin Sun follows with $1.9 billion in on-chain assets, including stETH, TRX and BTC, amid WLFI controversy. Estonian banker Rain Lohmus ranks third with $886 million lost after losing keys to 250,000 ETH. Ethereum co-founder Vitalik Buterin holds about $867 million in ETH. Notable cases of inaccessible assets include James Howells’ 8,000 BTC, Stefan Thomas’ 7,002 BTC on an IronKey and Clifton Collins’ 6,000 BTC lost in a tackle box. Owen Gunden remains at $561 million after moving 1,800 BTC to Kraken. F2Pool’s Shixing Mao and POAP founder Patricio Worthalter round out the top ten. This study underscores risks of lost wallets and the impact of frozen coins on supply dynamics for crypto traders.
Neutral
The study highlights the scale of frozen on-chain assets but does not signal an imminent unlocking or market trigger. While billions of dollars in lost wallets effectively reduce circulating supply—a bullish factor—there’s no active event to convert this static data into price movement. Traders may note reduced supply but are unlikely to adjust positions until concrete developments emerge. Hence, the immediate impact on market sentiment remains neutral.