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Arkham Intelligence Detects Grayscale's Ethereum Trust as Second-Most Significant ETH Holder
Arkham Intelligence reveals Grayscale's Ethereum Trust as the second-largest ETH holder, with $5 billion (rounding up from $4.9 billion). The trust's funds are dispersed across 500 addresses, each having $30 million or less. Arkham's identification was based on activity analysis and cross-referencing with Grayscale's public reports. Although Grayscale's website shows almost $5.0 billion in its Ethereum Trust, Arkham's findings pertain to the specific addresses linked to the fund, not the overall balance discovery. Discrepancies arise in Arkham's data versus Grayscale's self-reported figures for other cryptocurrencies held.
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