A recent analysis by Arkham Intelligence has shed new light on the ownership structure of Ethereum. The report found that Rain Lohmus, an early investor in the cryptocurrency, is the largest individual holder of Ethereum. This discovery challenges previous assumptions about the distribution of wealth within the Ethereum community.
Lohmus' holdings are valued at around $530 million and consist of approximately 250,000 ETH. In comparison, co-founder Vitalik Buterin holds around $480 million worth of ETH. The report highlights the significant role that early investors have played in shaping the Ethereum ecosystem.