Blockchain analytics platform Arkham Intelligence revealed today that a dormant wallet holding over $1 billion in Ethereum (ETH) belongs to Estonian businessman Rain Lohmus, co-founder of LHV Bank. The discovery identifies one of the largest individual Ethereum holders in existence.
The wallet, which has remained untouched since Ethereum’s early days, contains approximately 250,000 ETH. Lohmus admitted in a previous interview that he lost access to the private keys, effectively locking away the massive fortune. The revelation underscores how early adopters who misplaced their credentials now hold billions in inaccessible assets, highlighting a recurring issue in crypto custody and personal key management.
While Lohmus’ holdings remain permanently out of reach without the private keys, the disclosure has reignited discussions about lost digital wealth and blockchain transparency. Analysts are closely watching how such discoveries might influence the broader conversation on self-custody and recovery solutions in decentralized finance.
Source: Arkham Intelligence – Rain Lohmus Entity Explorer
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