Ethereum Wealth List: Who is in Control of ETH in July 2025?

The cryptocurrency market always attracts attention due to the uneven distribution of assets, and Ethereum – the second-largest cryptocurrency in the world – is no exception. Recently, a report from OKLINK Ethereum Rich List revealed the astonishing concentration of ETH supply in the hands of a small number of large wallets. This raises important questions about the control and decentralization of the Ethereum ecosystem. ETH Allocation According to the Ethereum Rich List (Ethereum Rich List) According to the latest statistics in July 2025: The top 100 Ethereum wallets hold up to 74% of the total ETH supply. The next 200 wallets ( from rank 101 to 300) hold about 9.27%. The next 200 wallets again ( from 301 to 500) hold about 4.5%. The next 500 wallets ( from 501 to 1000) hold 5.64%. All wallets from rank 10001 onwards hold a mere 6.47% of the total ETH supply.

It can be clearly seen that only a small group of wallet addresses – especially the top 100 largest wallets – are controlling the majority of the ETH supply, while millions of others own only a very small portion. The Increasing Trend of ETH Whales One notable point is that the holding rate of the top 100 wallets has increased significantly from 60% in mid-2024 to 74% in July 2025. This increase indicates a strong belief among large holders in the future of Ethereum. However, this also raises concerns about the risk of centralization, as even a few addresses changing their buying and selling behavior could significantly impact the price of ETH in the market. Who is the Richest Ethereum Wallet in July 2025? The largest holding Ethereum wallet is the Beacon Deposit Contract – a wallet address that receives ETH from those who want to become validators ( validators ) on the Ethereum 2.0 network. This wallet address is: 0x00000000219ab540356cBB839Cbe05303d7705Fa This wallet currently holds up to 54.6% of the total supply of ETH. The reason is that in order to become a validator, users must send 32 ETH to this Beacon address. The ETH sent will be locked on the Beacon chain and cannot be withdrawn until a future update in the Ethereum network. In addition to the Beacon Contract, major wallets from exchanges such as Binance, Robinhood, Kraken… also rank among the top 10 wallets holding the most ETH, reflecting a significant level of asset custody from ordinary users. Comparison With Other Projects The phenomenon of “whales dominating” is not exclusive to Ethereum. Even with emerging projects like Pi Network, the token distribution shows a similar concentration. Specifically, the address with the largest amount of Pi Coin is actually a burn address (, holding up to 17.46 billion tokens. Conclusion The allocation of ETH supply into the hands of a small group of addresses highlights the dual nature of the cryptocurrency market: on one hand, it reflects the confidence of institutions and large investors in the long-term potential of Ethereum; on the other hand, it raises questions about the level of concentration and systemic risk if these “whales” decide to divest. However, it is important for the community to closely monitor the movements of these large wallets, and data such as the Ethereum Rich List is always a useful tool to help investors assess the level of risk and opportunities in the market.