Arkham: Over 1,750 wallet addresses associated with GBTC have been identified, holding a total of $16.1 billion worth of BTC

ChainCatcher news, the encrypted data tracking platform Arkham Intelligence has identified over 1,750 wallet addresses associated with the assets held by Grayscale Bitcoin Trust. Each wallet holds less than 1,000 BTC (25.7 million USD), with a total holding value of approximately 16.1 billion USD, making GBTC the second largest BTC holding entity in the world.

In addition, Arkham reported earlier this month that Grayscale Ethereum Trust is currently the second largest ETH entity globally, holding ETH valued at 5 billion USD. These funds are spread across more than 500 addresses, with none of the addresses holding assets exceeding 30 million USD.