In the cryptocurrency industry, there is a group of crypto holders referred to as whales. These crypto holders hold enough of whatever crypto they have, for their wallets to be noticed on the public ledger (blockchain).

In this article, we will be looking at top ten bitcoin wallets with the highest amount of Bitcoin. Although one cannot tell who owns which wallet, enough research has been done to get an idea of who they belong to and here they are.

Number 1: Bittrex

Bittrex is one of the most popular exchanges in the cryptocurrency industry. While not the number one by exchange ranking, it does have the highest number of Bitcoins, making it the richest Bitcoin wallet on earth at this time. The wallet has a total of 122,805 BTC which is the equivalent of $749 million.

Number 2: Huobi

The Singapore-based exchange founded in China has the second richest Bitcoin wallet. Huobi holds 108,035 which is the equivalent of $365 million.

Number 3: Binance

The largest cryptocurrency exchange by trading volume, Binance has the third largest Bitcoin address, but holding more than Bittrex because the sixth richest address is also domiciled in the exchange. This gives Binance a total of 188,311 BTC, the equivalent of $1.138 billion.

So the top three of the richest Bitcoin wallets belong to exchanges which is not very surprising as they hold the funds of thousands of users. However, there are individuals who hold significant amounts of Bitcoin.

One of them is said to be an anonymous Asian billionaire while the others are unknown of course. Bitcoin transactions do not reveal who is behind the transaction, just the address and how much is in it. The Asian billionaire’s address holds 85,947 BTC ($522 million), quite a wealth for just one person.

The rest are called Zombie addresses because of their inactivity. One of them created in 2011 has no record of any transaction till date while the others haven’t sent or received Bitcoins in the last 18 months.

Bitcoin whales are generally believed to manipulate the market in order to favour them by buying and selling huge amounts of Bitcoin to create certain conditions in the market that favour them. If that theory is anything to go by, these are the guys that you should worry about the next time there is a massive whale transaction that shakes the market.

Bitcoin’s price is $28,462.98 BTC/USD exchange rate today. The real-time BTC market cap of $550.32 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $2.81 Billion and live coin value change of BTC -0.70 in the last 24 hours.