Published on 1 May 2024 on Benzinga via Yahoo Finance
Who Holds The Most Ethereum (ETH)? How Coinbase, Grayscale, Robinhood And Binance Stack Up
Who Holds The Most Ethereum (ETH)? How Coinbase, Grayscale, Robinhood And Binance Stack Up
One of the most interesting aspects of blockchain is that everything is public. All transactions, wallets and portfolios are entirely accessible to anyone, allowing for an unprecedented amount of insight into a financial asset class.
The uses of the data can range from monitoring overall trading activity and flows to seeing what the largest wallets and firms are doing with their positions. Arkham Intelligence is a blockchain analytics platform particularly interested in the second application. It cross-references financial disclosures by firms and individuals with on-chain activity to match up entities with specific wallet addresses.