DESK — WHALE WATCH

Riot Platforms

Listed bitcoin miner · treasury · @RiotPlatforms · @RiotPlatforms

Total on-chain holdings$178.8M
24h-0.16%
TypeMiner / treasury

Riot mines bitcoin and holds it. The wallet is pure BTC on Bitcoin — no stablecoins, no other chains, no trading. For a miner the balance is the output of operations minus whatever was sold to fund them.

The desk's read

This is the cleanest read on the board: one asset, one chain, one decision. Rising balance means Riot is holding production rather than selling it; a drawdown usually means coin went to market to cover power, hardware or debt.

Miner treasuries matter to supply because they are structurally forced sellers at some rate — the electricity bill arrives monthly whatever the price does. Watching whether a miner can afford to keep holding is a live read on the network's cost base.

What they hold

Largest token positions on-chain data maps to this entity, by USD value.

Asset?Chain?Value?
BTCbitcoin$178.8M
Asset token tickerChain where it livesValue USD, live-priced — moves with the market

How to read a row → BTC · bitcoin · $178.8M: this entity's largest position is $178.8M of BTC held on bitcoin. Rows are sorted by USD value, so the top row is the biggest bet.

By chain

Network?Value?
bitcoin$178.8M
Network blockchainValue USD across every token this entity holds on it

How to read a row → bitcoin · $178.8M: $178.8M of the holdings live on bitcoin. Chains are ranked by value, so the top row is where most of the money sits.

Source: balances read directly from public chain RPCs, priced via DeFiLlama. USD-denominated, so they move with price as well as with flows. Updated 29 Jul 2026.

Not investment advice. Entity labels are on-chain attribution and can be imperfect; a labelled balance may mix personal, treasury and custody wallets. Large balances do not imply intent — some never move.

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