Introduction and Methodology

This dashboard investigates what are some of the top addresses with the highest balance of $NEAR.

This bounty comes with some severe limitations, as there is no direct way of getting the balance of $NEAR per address.

In order to provide insights into the balances, I decided to use the following logic:

• calculate the inflowing volume of $NEAR

• calculate the outflowing volume of $NEAR

• subtract the two to get the remaining ‘balance’

• NOTE: This approach does not provide insight into the full picture. Users could be swapping $NEAR, buying NFTs with it etc - this information could be missed out from the outflowing volume.

  In addition, the data includes only the top 500 addresses, i.e. the wallets that ‘hold’ the most $NEAR tokens, in other words, whales and platforms such as Binance.

Key insights and conclusion:

• The wallet with the biggest $NEAR balance (keeping in mind the limitations) is binancecold3.near, who also happens to be a current validator.
• nearcoldtree.near takes second place with the most $NEAR held, with the balance being almost 12.5M Ⓝ. When we explore this address on NearScan, we can see that the balance at the time of writing stands at 13.9M Ⓝ, which is a bit higher than what we calculated.
• Overall, this approach allows to get a rough idea of who are the whales/addresses that hold the most Ⓝ tokens, however it is definitely not as clear as having a balances table which would record this data directly.