Graph is widely used to model data in various applications. With the rapid growth of many emerging applications such as Internet of Things, it is urgent to require the processing capability on large scale graphs with billions of vertices. Web graph is a typical case of graph data that is widely used for analyzing the structure, behavior and evolution of the World Wide Web. In this paper, we focus on optimal representation of large-scale Web graphs. Our work is motivated by the need of fit large-scale graphs into the main memory and carry out analyze on them. By analyzing the adjacency matrix of Web graphs, we find two characteristics on the distribution of 1s in the matrix. Firstly, only a very small proportion of elements in the matrix are 1s. Secondly, majority of 1s gather around the principal diagonal and form a few number of clusters in the matrix. Based on these characteristics, we first develop a clustering mechanism to locate the clusters of 1s in the adjacency matrix. Then, we combine this clustering mechanism with a structure named K 2 -tree and propose an approach for representing large-scale Web graphs compactly. Basic idea of the approach is trying to compress a large number of zeros as a single zero. Experimental results show that, our approach not only reduces the space for representing a Web graph, but also reduces the time consumption for operations such as retrieving neighbors of any nodes on the graph; compared with existing approaches, our approach achieves the best space/time tradeoff.