Binance’s Top Wallet Stops Sending But Keeps Receiving
Address 34xp4vRoCGJym3xR7yCVPFHoCNxv4Twseo holds 248,598 $BTC, worth $15.74 billion and 1.24% of all coins in circulation. It’s the largest address on the entire blockchain in terms of $BTC held. Binance’s cold wallet label first received funds on Oct. 18, 2018, and it’s still receiving $BTC today, with a last-in timestamp of July 3, 2026.
The address has logged 5,531 separate inbound transactions, by far the highest input count of any wallet in the top 12. That volume points to constant customer deposits flowing into cold storage rather than a handful of large transfers.
What stands out is the exit side. The wallet’s first outbound transaction happened the same day it received its first deposit, on Oct. 18, 2018, just 20 minutes later. But the last recorded outbound transaction is dated Jan. 7, 2023. Binance‘s biggest cold wallet has taken in bitcoin nonstop for more than three years without sending any back out.
A Second Binance Wallet Moves Coins Both Ways
Address 3M219KR5vEneNb47ewrPfWyb5jQ2DjxRP6 holds 174,934 $BTC, worth $11.07 billion and 0.8726% of all coins. It opened on Nov. 13, 2018, less than a month after the exchange’s other top wallet.
While it is labeled a cold wallet, this address behaves differently from its sibling. Its first inbound and first outbound transactions carry the identical timestamp, Nov. 13, 2018, at 09:11:02, meaning the wallet moved coins out the moment it received them. With only 503 total inputs, deposits into this address are far less frequent than the 5,531 logged by Binance’s top wallet, suggesting larger, less frequent transfers.
The wallet remains active on both ends. Its last inbound transaction landed on June 5, 2026, and its last outbound transaction is dated April 16, 2026. Unlike the top-ranked Binance address, this one still sends coins out regularly.
Robinhood’s Cold Wallet Is Still Growing
Address bc1ql49ydapnjafl5t2cp9zqpjwe6pdgmxy98859v2 holds 140,850 $BTC, worth $8.92 billion and 0.7026% of all coins. Tagged to Robinhood‘s cold wallet, it’s the youngest major address on the list by first-deposit date, receiving its first funds on May 8, 2023.
Despite being roughly five years younger than the Binance and Bitfinex wallets ranked above it, the address has already climbed to third on the rich list. It logged 649 inbound transactions, and its first outbound transaction came just one day after its first deposit, on May 9, 2023.
The wallet is still accumulating. Over the past 30 days, it added 787 $BTC in net new coins, and its last inbound transaction was recorded on July 3, 2026, the Friday before this data was pulled. Robinhood’s cold storage is growing faster, in relative terms, than any other wallet in the top four.
Bitfinex’s Cold Wallet Has Gone Quiet on Withdrawals
Address bc1qgdjqv0av3q56jvd82tkdjpy7gdp9ut8tlqmgrpmv24sq90ecnvqqjwvw97 holds 130,010 $BTC, worth $8.23 billion and 0.6485% of all coins. Labeled Bitfinex’s cold wallet, it opened on Aug. 16, 2019.
The address logged 342 total inbound transactions and didn’t record its first outbound transaction until Feb. 2, 2020, nearly six months after its first deposit. That gap suggests the wallet was built up as pure cold storage before any withdrawal activity began.
Inbound activity remains current, with a last-in date of July 3, 2026. But the last outbound transaction on record is June 2, 2025, more than a year earlier. Like Binance’s top wallet, Bitfinex’s cold storage keeps taking in coins while sending nothing back out.
Tether’s Bitcoin Reserve Moves on Both Sides
Address bc1qjasf9z3h7w3jspkhtgatgpyvvzgpa2wwd2lr0eh5tx44reyn2k7sfc27a4 holds 96,936 $BTC, worth $6.14 billion and 0.4835% of all coins. Tagged to Tether, the address first received funds on Sept. 30, 2022, making it one of the newer entries in the top ten.
With 192 total inputs, deposit activity here is lighter than most of the wallets ranked above it. The first outbound transaction followed quickly, landing the same day as the first deposit, roughly 90 minutes later on Sept. 30, 2022.
The wallet stays active in both directions. Its last inbound transaction was recorded on July 3, 2026, and its last outbound transaction hit on June 2, 2026, just weeks earlier. Tether’s bitcoin holdings, unlike several of the older exchange wallets on this list, continue to see coins flow in and out. For some unknown reason, the Tether reserve wallet reduced its holdings by 204.3000084 $BTC, or around $12.9 million worth, and sent it to Bitfinex on June 2.
The Bitfinex Hack Recovery Wallet Only Takes Coins In
Address bc1qazcm763858nkj2dj986etajv6wquslv8uxwczt holds 94,643 $BTC, worth $5.99 billion and 0.4721% of all coins. The label ties it to the Bitfinex hack recovery effort, the long-running case tied to the 2016 exchange breach. It first received funds on Jan. 31, 2022. It is owned and managed by the U.S. government.
The address has logged 182 inbound transactions and its last deposit landed July 3, 2026. There is no first-out or last-out timestamp recorded for this wallet at all. Every satoshi that has entered this address is still sitting there.
That pattern lines up with what’s publicly known about the recovery case: seized coins tied to the hack have been held in government-linked custody rather than moved or liquidated onchain through this address.
Arkham Flags The 7th Largest Address as Bitfinex, With a Question Mark
Address bc1qd4ysezhmypwty5dnw7c8nqy5h5nxg0xqsvaefd0qn5kq32vwnwqqgv4rzr holds 91,850 $BTC, worth $5.81 billion and 0.4582% of all coins. On the rich list itself, this address carries no confirmed entity label. Arkham Intelligence’s own portfolio page tags it “Bitfinex?” with a question mark attached to the name, rather than a confirmed identification.
The wallet first received funds on Oct. 11, 2021, and has logged 230 total inputs. Its first outbound transaction came on July 15, 2022, roughly nine months later. Both inbound and outbound activity are recent, with a last-in date of July 3, 2026, and a last-out date of April 24, 2026.
Because Arkham marks the Bitfinex tag as unconfirmed, this address is best treated as an unverified attribution rather than a confirmed exchange wallet until stronger onchain or off-chain evidence ties it to the exchange directly.
The Oldest Wallet on the List Predates the Others by Seven Years
Address 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF holds 79,957 $BTC, worth $5.06 billion and 0.3988% of all coins. Labeled the Mt Gox hack wallet, it first received funds on March 1, 2011, making it the oldest address in the entire top 12 by a wide margin. The next-oldest wallet on this list didn’t open until 2018.
The address has taken in 689 separate deposits over 15 years and its last inbound transaction was recorded on July 3, 2026. It should be noted that lots of these inbound transfers are simply dust transactions. As with the Bitfinex hack recovery wallet, there is no first-out or last-out timestamp on record. Every coin that has landed in this address since 2011 remains there.
That matches the known status of Mt. Gox’s remaining bitcoin, held for years pending creditor repayment plans rather than moved through this particular address.
An Unlabeled Whale Wallet Has No Confirmed Owner
Address bc1q8yj0herd4r4yxszw3nkfvt53433thk0f5qst4g holds 78,317 $BTC, worth $4.96 billion and 0.3907% of all coins. The rich list carries no entity name for this address, and Arkham Intelligence’s portfolio page confirms why: it tags the wallet only as a “ $BTC Whale” and a “Dormant Address,” with no exchange, company, or individual attached to it.
The address first received funds on March 22, 2024, making it the youngest wallet on this list by first-deposit date. It has logged just 95 total inputs, the lowest input count in the top 12, which points to a small number of large deposits rather than routine operational activity. There is no first-out or last-out transaction on record.
With no confirmed owner and a small handful of large, one-way deposits, this address fits the profile of a single large holder rather than an exchange or custodian.
The Wallet Labeled ‘Mr.100’ Is Actually Upbit’s Cold Storage
Address 1Ay8vMC7R1UbyCCZRVULMV7iQpHSAbguJP holds 73,715 $BTC, worth $4.67 billion and 0.3677% of all coins. The rich list mislabels this wallet “Mr.100.” Arkham Intelligence’s portfolio page identifies the same address as Upbit’s cold wallet, tagged as a centralized exchange address. Arkham is far from the only onchain analytics team to dismiss the “Mr.100” narrative, as no such entity exists.
The wallet first received funds on Nov. 2, 2022, and its first outbound transaction followed the same day, about four hours later. It has logged 2,849 total inputs, the second-highest count in the top 12 behind Binance’s top wallet, and remains the most recently active address on the entire list. Its last inbound transaction landed on July 4, 2026, and its last outbound transaction hit on July 2, 2026, just two days earlier.
The wallet is still growing. It added 4.01 $BTC over the past seven days and 1,519 $BTC over the past 30 days. Between the near-real-time activity and the correct Upbit attribution, this address is one of the more actively managed exchange wallets on the list, not a mysterious individual holder.
The Silk Road Wallet Seized by the FBI Hasn’t Moved a Coin
Address bc1qa5wkgaew2dkv56kfvj49j0av5nml45x9ek9hz6 holds 69,370 $BTC, worth $4.39 billion and 0.3460% of all coins. Labeled the Silk Road wallet confiscated by the FBI, it first received funds on Nov. 3, 2020.
The address has logged 180 inbound transactions, with the most recent landing June 28, 2026. There is no first-out or last-out transaction recorded. Every coin seized into this address remains there.
That fits the long-running pattern of Silk Road bitcoin held in government custody, with periodic legal proceedings determining when and how those coins eventually move, rather than routine onchain withdrawals. This particular cache is now under the ownership and stewardship of the U.S. government, where it is expected to remain for the foreseeable future.
Binance’s BTCB Reserve Has Made Exactly One Withdrawal
Address 3LYJfcfHPXYJreMsASk2jkn69LWEYKzexb holds 68,200 $BTC, worth $4.32 billion and 0.3402% of all coins. Labeled Binance’s BTCB reserve, tied to the wrapped bitcoin token on BNB Chain, it first received funds on June 17, 2019.
The address has logged 168 total inputs, and its last inbound transaction was recorded on June 5, 2026. The notable detail sits on the outbound side: the wallet’s first outbound transaction and its last outbound transaction share the exact same timestamp, Nov. 17, 2022, at 22:36:20. That means this reserve address has recorded only one outbound transaction in its entire history.
For a wallet backing a token meant to represent bitcoin one-to-one on another chain, a single withdrawal event in over six years points to a reserve that’s built to hold, not to actively circulate coins.
The Top 10 Pattern Has Changed and Likely Always Will
Some of these wallets are likely to see movement soon. Upbit’s cold wallet and Robinhood’s cold wallet are still actively accumulating, and Tether‘s bitcoin address has sent and received coins within the past month, so more transactions from those addresses are reasonable to expect. Others show no sign of moving at all. The Mt. Gox wallet has sat untouched since 2011 outside of deposits, and the Silk Road and Bitfinex hack recovery addresses have never recorded a single outbound transaction.
Those coins have already gone years without moving, and nothing in the onchain data suggests that changes will come soon. Between the two extremes sits a wallet like Binance’s top address, which took in bitcoin for years before its outflows stopped in January 2023, a reminder that a wallet’s behavior can shift over time rather than stay fixed in one pattern.
