Top Five Cryptocurrency Whales Hold $3.5 Billion, Some Cannot Access Their Funds

in Project HOPE17 days ago

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The top 5 cryptocurrency whales, who have been identified, hold a total of about $3.5 billion. Their cryptocurrency wallet addresses are public. But, not all of these crypto whales have access to their own wallets, as a result of misplaced keys to their wallet.

Here are the names of these top five identified crypto whales: Vitalik Buterin of Ethereum, Justin Sun of TRON, James Fickel a crypto capitalist, Stefan Thomas former XRP CTO, Rain Lohmus of LHV Bank.

2 whales out of the top 5 crypto whales cannot access their funds, because they've lost their private keys, they are - Stefan Thomas and Rain Lohmus. Presently, Rain Lohmus wallet holds about $793 million; while Stefan Thomas wallet holds about $452 million.

It's only with private keys that a user can have access to his crypto assets, as it's only with private keys that a user can claim ownership of his assets. Hence, if a user by any chance losses his private keys, the wallet becomes inaccessible and his funds become irretrievable.

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Wow they have lost their private keys. So how do they want to actually do it right now. That must have really been so devastating for them actually. I believe they will find a way to go about it

Thanks for dropping by.

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