2026 Ethereum HODLer Report: Top 1 Individual Address Private Key Lost, Top 20 Taken Over by Institutions/Exchanges

BlockBeats News, February 12, Arkham officials released the report "Who Owns the Most Ethereum? Top ETH Holders 2026," listing the current market's largest ETH holding addresses.

Statistical data shows that over 60% of the total ETH supply is held in the ETH2 deposit contract (77,186,906 ETH, worth approximately $241.39 billion, accounting for 63.23% of the supply).

The largest individual holder is Rain Lohmus (holding 250,000 ETH, worth approximately $786 million), but unable to access it due to a lost private key.

The largest accessible individual holder is Ethereum co-founder Vitalik Buterin, who currently holds 240,000 ETH, worth approximately $754 million. Other data is shown in the graph.

BlockBeats Note: Rain Lohmus is one of the founders of the leading Estonian financial group LHV Group (LHV Pank / LHV Bank). In the 2014 Ethereum ICO, he spent about $75,000 to buy 250,000 ETH (at the time ETH price was $0.30). These ETH have never been transferred, and the address is fully visible on the chain. However, due to Rain Lohmus losing the private key, he is completely unable to access these assets.

In 2023, he publicly admitted this on Estonian National Broadcasting and stated, "Anyone can calculate its value themselves," while also expressing willingness to share part of the assets if someone can provide a reliable recovery method. By 2025-2026, with the significant increase in ETH price, the value of these 250,000 ETH once exceeded $1.2 billion.