Latest Global On-Chain Wealth Ranking: Who Is the Top Player in the Crypto World?

Original Article Title: The 10 Richest Crypto Holders

Original Article Source: ARKHAM

Original Article Translation: Deep Tide TechFlow

From Bitcoin's founder Satoshi Nakamoto to the unfortunate cryptocurrency casualties Rain Lohmus and James Howells, here is a compilation of the world's richest ten individuals on-chain.

Satoshi Nakamoto is the world's richest cryptocurrency holder, with an on-chain net worth of up to $115 billion (at the time of this writing). This massive fortune is entirely derived from the Bitcoins he mined between 2009 and 2010, which are held in 22,000 different addresses.

According to the Bloomberg Billionaires Index, Satoshi Nakamoto's wealth ranks him among the top 20 richest individuals globally.

The 22,000 Bitcoin wallets held by Satoshi Nakamoto are among the industry's most watched assets, and any movement of funds from these wallets could potentially have a significant impact on the entire cryptocurrency industry.

Below is a list of the world's richest on-chain individuals compiled based on Arkham data, starting with Satoshi Nakamoto's massive fortune, and gradually listing holders from billions to millions of dollars.

1. Satoshi Nakamoto - $115 Billion

As mentioned earlier, Satoshi Nakamoto's wealth far exceeds $100 billion. However, there may be controversy as to whether he should be included in this list, as to this day, no one knows for sure whether Satoshi Nakamoto is an individual or a collective team.

2. Justin Sun - $19 Billion

Justin Sun is a Chinese entrepreneur and a pioneer in the cryptocurrency field. He is known for founding the blockchain platform TRON, which focuses on decentralized applications and digital content sharing. Additionally, he is the CEO of BitTorrent and owns two cryptocurrency exchanges.

According to Arkham data, Justin Sun's on-chain wealth is approximately $19 billion. However, Arkham estimates Justin Sun's net worth to be between $5 billion and $6 billion.

Justin Sun holds multiple cryptocurrency assets.

Recently, Justin Sun has been in the spotlight due to a controversy involving World Liberty Financial (WLFI), a cryptocurrency project supported by Trump, that he is associated with. After acquiring a significant stake in WLFI, Justin Sun's WLFI wallet was blacklisted by the project for transferring around $9 million worth of WLFI tokens to a trading platform.

3. Rain Lohmus – $8.86 Billion

Rain Lohmus is one of the most infamous cautionary tales in the cryptocurrency space. This Estonian banker, who is also a co-founder of LHV Bank, was an early supporter of Ethereum and participated in Ethereum's initial coin offering (ICO) in 2014. He invested around $75,000 at the time and received a remarkable 250,000 ETH.

However, Lohmus later lost the private keys to the wallet storing these assets. While these assets are visible and verifiable on the blockchain, he cannot access or transfer them. His billions are thus locked away, serving as a stark example in the digital asset world of the importance of key management and the unique risks of self-custody.

Currently, Lohmus's ETH holdings are valued at $8.54 billion.

4. Vitalik Buterin – $8.67 Billion

In this list, second only to Satoshi Nakamoto, Vitalik Buterin is perhaps one of the most well-known individuals. This visionary programmer is one of the co-founders of Ethereum and received an initial allocation of ETH in the project's early days.

Buterin's on-chain wealth mostly stems from his ETH holdings, which have significantly appreciated in value since the Ethereum network went live in 2015. Additionally, he is known for receiving large amounts of tokens from meme coin projects (such as Shiba Inu), sent to his public address in attempts by these projects to gain legitimacy through his unwilling endorsement.

5. James Howells – $8.38 Billion

James Howells, like Rain Lohmus, is another cautionary tale in the cryptocurrency space. This IT worker from Wales was an early pioneer of Bitcoin mining in 2010, using his personal laptop to mine around 8,000 BTC.

However, during a cleanup in 2013, he accidentally discarded the hard drive containing the private keys to these bitcoins. Today, this hard drive is buried under thousands of tons of garbage in a local landfill. Despite Howells' numerous attempts to persuade the Newport City Council to allow him to excavate the landfill and offering to share a portion of the wealth as a reward, his request has never been granted.

Through Arkham Data, Howells' substantial wealth is visible to anyone, but for him, it remains unrecoverable.

6. Stefan Thomas - $734 million

Stefan Thomas is a German-born programmer and an early Bitcoin developer. His on-chain massive wealth is also locked up. In 2011, he received 7,002 BTC as a reward for creating an animated video explaining how Bitcoin works.

To protect these Bitcoin private keys, he stored them in a highly secure IronKey hardware wallet, which encrypts the contents. Unfortunately, Thomas lost the piece of paper where he wrote down the wallet password. The IronKey device allows users ten password attempts, after which the data is permanently erased. Thomas has now tried eight passwords, with only two chances left to remember the password and unlock this wealth exceeding $734 million.

7. Clifton Collins - $629 million

Clifton Collins is an Irish drug dealer who earned 6,000 bitcoins from selling marijuana between 2011 and 2012 when Bitcoin's price was around $5. However, Collins's story is also one of the cautionary tales of lost cryptocurrency wealth. He stored the Bitcoin private key on a piece of paper and hid it inside a fishing rod. Due to his subsequent arrest, the fishing rod was also lost. While the Irish government officially seized the assets, the vast wealth remains permanently locked in multiple independent wallets, inaccessible due to the irrecoverable private key.

8. Owen Gunden - $561 million

Owen Gunden is a early Bitcoin arbitrage trader who conducted trades on exchanges such as Mt. Gox and Tradehill. During his time operating on Mt. Gox, he traded tens of thousands of bitcoins, accumulating a significant amount of wealth in the early stages of Bitcoin's development.

Later, Gunden transitioned from trading to investing and took on executive roles. He was a board member at LedgerX, the first federally regulated spot and options exchange for digital currencies in the United States.

While he has not been active on his X (formerly Twitter) account since 2018, his crypto wallets have remained active. He has used services such as BlockFi and Genesis Trading, platforms that later went bankrupt. As a creditor in the Genesis bankruptcy distribution, he received over 600 BTC.

Prior to this, Owen Gunden was ranked third on this list, but in recent days, he has started moving his bitcoins to a Kraken address, possibly for sale. In the past week alone, he has transferred 1,800 BTC to Kraken (worth around $200 million). Although he may still hold these bitcoins, his on-chain crypto wealth ranking has dropped to eighth place due to the asset movements.

9. Whale (DiscusFish) - $275 Million

Whale (nickname DiscusFish) is the co-founder and CEO of Cobo.com, a prominent cryptocurrency wallet and custody solution provider. He is also the founder of F2Pool, China's first Bitcoin mining pool. Whale's on-chain wealth is mainly derived from his key role in building this critical crypto infrastructure, as well as his longstanding position as a significant crypto investor and whale.

Whale's holdings are distributed across various cryptocurrencies, including:

10. Patricio Worthalter - $226 Million

Patricio Worthalter is an Argentine entrepreneur and the founder of POAP (Proof of Attendance Protocol). POAP is a widely used protocol in the Ethereum ecosystem that allows event organizers to distribute crypto badges (NFTs) to participants, creating a verifiable record of life experiences.

As a successful project founder deeply immersed in Web3 infrastructure, Worthalter's on-chain wealth stems from the success of his project and his early and ongoing involvement in the crypto space.

Worthalter's holdings are distributed across multiple cryptocurrencies, primarily including:

Former Top Ten Crypto Tycoons:

James Fickel—$203 million

James Fickel is a well-known cryptocurrency investor and trader. His crypto wealth journey began in 2016 when he invested $400,000 at a price of around $0.80 per ETH.

As of the time of writing, Fickel still holds over 57,000 ETH, valued at around $203 million.

Last year, Fickel lost $43 million due to his bet on ETH's price movement compared to BTC, which garnered widespread attention. Despite this, he remains a significant Ethereum whale and one of the wealthiest individual crypto holders in the world.

Currently, Fickel's main focus is on The Amaranth Foundation, a foundation focusing on neuroscience and longevity that he founded.

Stefan George—$106 million

Stefan George is the co-founder and CTO of Gnosis. Gnosis is an Ethereum-based ecosystem focused on developing infrastructure for decentralized finance (DeFi) and decentralized autonomous organizations (DAOs). Gnosis is known for developing prediction markets, with its most prominent product being the Gnosis Safe (now called "Safe"), a multisig smart contract wallet that has become an industry standard for protecting treasury assets of DAOs and crypto companies.

George's on-chain wealth primarily comes from his founding role at Gnosis, including holding the project's native token GNO and accumulating other assets throughout the project's development.