This address has $18 billion...

[KingKongBong]

Am I reading this wrong? Am I on drugs

https://blockchain.info/address/1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s

[hosseinimr93]

Am I reading this wrong? Am I on drugs

https://blockchain.info/address/1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s

How did you calculate?
First, this address has 81500 Bitcoins. With the current price of bitcoin, it's 750m dollar.
Second, the address belongs to an exchange. It's clear and there is no doubt.

[jmlona]

Am I reading this wrong?

Yes

Am I on drugs

If you don't know the answer to that question, quite probably the answer is yes.

Anyway, to clarify, the total received is not how many bitcoin the address owns, it is how many it has received over its total lifespan.

[Wheelige]

Am I reading this wrong? Am I on drugs

https://blockchain.info/address/1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s

I believe you are looking at the total received as opposed to the current balance. Over the course of this wallets life 18 billion worth of coins (at todays value) has passed through this address but at this point in time it has around $750 million to its name.

[trinhdinhthang20007]

Who owns it is a miracle.

[pooya87]

Who owns it is a miracle.

it is not a miracle. if you run a popular services such as an exchange which thousands of people use and deposit their bitcoin with you, you have to store all these bitcoin deposits somewhere safe. and that somewhere safe is a cold stored address like this one here.

[KingKongBong]

Why you guys kinda crush my dreams. I'll keep pretending it's a billionaire with 18B

[KingKongBong]

And 750m is still a shit ton. And I found out this belongs to a popular gambling website.

[cryptosec.info]

And 750m is still a shit ton. And I found out this belongs to a popular gambling website.

Sure. 750m is a lot of money. But that amount isn't owned by the owner of the wallet. Like you said, it's a gambling site so it's to be expected for that address to receive huge amounts due to deposits by their users.

[Xester]

Am I reading this wrong? Am I on drugs

https://blockchain.info/address/1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s

You are reading it wrong since if you compute the amount of bitcoins in his address it will not sum up to a billions of dollars. But you are right and you are not dreaming when you saw the 80k plus bitcoins in his wallet address since the blockchain does not lie. You will also be shocked if you will also see a wallet which is a hundred thousand bitcoins on it.

[9jaflick]

Am I reading this wrong? Am I on drugs

https://blockchain.info/address/1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s

To cut the story short, drug or not drugged, this wallet address belongs to an exchange, so take your mind off it. whatever calculations you doing to me its a total waste of time, it just like you are counting money that doesn't belong you, which at the end they ( owners ) won't even say thank you for helping us count our money

[Veterock]

Saints! Where you can earn 81 thousand bitcoins? I don't understand it at all))

[Crypdon]

My guess is either an exchange or a very early adopter. Lets just hope that the owner of this wallet doesn't do a mt gox and dump it all on the exchanges. This would create another bear market and we're just recovering from one

[KingKongBong]

It's a gambling website called Carbongaming.ag.. They make bank obviously

[miroslavt]

This is most probably an bitcoin exchange. If he is an investor, he must have invested at the time when bitcoins was just few cents each.

[squallw]

It is not from a single person, its probably from a exchange that has huge volume, so this coins belongs to thousand of users not a single one.

Anyway, this is not the richest wallet. Currently this wallet has more than double: https://blockchain.info/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r
The wallet that i mentioned belongs to bitfinex exchange that received more than 1,7million of BTC and has more than 185k BTC now that worth about $1.8 Billion at the moment.

[elwiswoodie]

if this is a wallet exchanger, then I believe and there is no doubt
because it's not their asset, the BTC is someone else's asset
they just keep it for the purposes of trading users

[rayk]

No that is mistake, that adress may have such amount of bitcoin but actually no one has such amount of bitcoin, that belongs to those who use this exchange, is it bitfinex?

[tabas]

Am I reading this wrong? Am I on drugs

https://blockchain.info/address/1NDyJtNTjmwk5xPNhjgAMu4HDHigtobu1s

Final Balance: 83,649.29070202 BTC
Let's compute it with current price @$9,654
= $807,550,252
So base on: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html this is from binance.

[Larrycool]

This is probably an exchange wallet address,  as an exchange will definitely have alot of traders with so many bitcoins. It simply means, there is no cause for alarm.