Arkham Discovers 500 Wallets Associated With Grayscale Ethereum Trust

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Last Updated on September 2, 2023 by Bitfinsider

Arkham Intelligence, a cryptocurrency data platform, discovered over 500 wallet addresses associated with the Grayscale Ethereum Trust.

Arkham posted on social media that the wallets do not have more than $30 million in assets, which “makes the identification process more difficult.”

“We were able to identify the addresses by analysing activity and cross-referencing with Grayscale’s publicly reported balances,” according to the platform.

Grayscale controls almost 3 billion ETH in total, making it the world’s second largest ETH entity, according to Arkham.

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