Ethereum's circulating supply tops 120 million ETH in 2025. The Beacon Deposit Contract commands 68 million ETH, securing more than half the network through staking. This shift underscores 's growing influence on Ethereum's security.
Dominant Players on the ETH Rich List
The Beacon Deposit Contract leads with 68,202,647 ETH, per Etherscan data. It processes staking deposits, vital for Ethereum's proof-of-stake system.
This contract's dominance shows how mechanisms like staking concentrate holdings. Centralized finance entities trail but hold significant shares.
Binance's wallet contains nearly 2 million ETH, acting as a CeFi powerhouse for trading. Robinhood follows with over 1.1 million ETH, bridging traditional finance to crypto.
According to Nansen, centralized exchanges like Coinbase and account for about 4% of ETH supply. These CeFi platforms manage user funds securely.
DeFi Protocols Shaping Holdings
Wrapped Ether holds 2.1 million ETH, enabling DeFi liquidity across protocols. It facilitates seamless token swaps in decentralized environments.
Arbitrum's bridge secures 765,000 ETH, supporting layer-2 scaling for DeFi apps. Such bridges enhance Ethereum's efficiency without central control.
Base Portal from integrates CeFi with DeFi, holding 757,000 ETH. This hybrid approach boosts interoperability in the ecosystem.
Lido and other staking protocols distribute ETH across validators, per Arkham reports. They democratize staking while accumulating large balances.
Individual and Corporate ETH Whales
Rain Lohmus tops individual holders with 250,000 ETH from Ethereum's presale. Vitalik Buterin follows closely with 245,000 ETH, per on-chain analysis.
Bitmine leads corporate holders with over $8 billion in ETH, backed by investors like Cathie Wood. SharpLink Gaming adds 205,000 ETH to its treasury.
The Ethereum Foundation manages 244,000 ETH for development funding. PulseChain holds ETH worth $599 million, focusing on DeFi innovations.
The U.S. Government secures 56,000 ETH, seized from illicit activities. This positions governments as unexpected players in crypto holdings.
Key Insights from Experts and Trends
Analyst from Arkham Intelligence notes,
Rain Lohmus owns the most ETH among individuals, with 250K ETH valued at $1.07B.
This highlights early investors' enduring wealth.
Coingape reports state,
The Beacon Deposit Contract controls 54.6% of ETH supply as of July 2025.
Updated data shows it nearing 56%, driven by staking growth.
This tweet reveals Bitmine and SharpLink surpassing the Ethereum Foundation in holdings. It signals institutional interest in ETH as a treasury asset.
PulseChain's mention here underscores DeFi projects accumulating ETH strategically. High-engagement discussions reflect community focus on top holders.
CeFi vs DeFi Dynamics in 2025
CeFi platforms like Binance provide custodial services, holding ETH for millions of users. They offer ease but rely on trust in central entities.
, conversely, empowers users with self-custody via protocols like Wrapped Ether. Galaxy Research indicates lending now outpaces CeFi, with $26.5 billion in loans.
Institutions blend CeFi and DeFi, as BlackRock's ETF holds substantial ETH. This convergence enhances liquidity and adoption across sectors.
Ethereum ETFs from Fidelity and Bitwise add billions in ETH exposure. They attract traditional investors to CeFi structures backed by DeFi tech.
Future Implications for ETH Holders
staking rewards continue to attract ETH to contracts, per Beaconcha.in data. This could further concentrate holdings in secure, decentralized pools.
Corporate adoption, like Bitmine's, signals ETH's role in balance sheets. Watch for regulatory shifts impacting CeFi exchanges.
These holdings reveal Ethereum's maturation as an asset class. Understanding the ETH rich list helps investors navigate CeFi and DeFi opportunities effectively.
