Ethereum Creator Vitalik Buterin’s Holdings: How Much ETH Does He Own?
Ethereum co-founder Vitalik Buterin is a well-known and influential figure in the cryptocurrency space. Being one of the creators of Ethereum, the second-largest cryptocurrency by market cap, there is ongoing speculation surrounding his wealth and the amount of Ethereum (ETH) he possesses.
The majority of Buterin’s wealth is derived from his cryptocurrency holdings, particularly his ETH holdings, which he states make up nearly 90% of his net worth. Buterin has recently expressed his personal confidence in Ethereum as a store of value, emphasizing his significant investment in the digital asset.
Determining the exact extent of Buterin’s net worth can be challenging as his non-crypto assets such as cash, real estate, and undisclosed crypto holdings are not publicly accessible. However, based on his public statements, it is reasonable to infer that a substantial portion of his wealth is tied up in cryptocurrencies, particularly ETH.
Recent on-chain data suggests that Buterin personally holds over $600 million in Ethereum, solidifying his position as one of the top individual ETH holders. Insights from on-chain analytics firm Lookonchain shed light on Buterin’s Ethereum holdings over the past few years.
Three years ago, Buterin disclosed that he held 325,000 ETH, valued at $1.46 billion when the price of ETH was $4,500 per coin. Presently, his holdings have decreased to 240,000 ETH, worth approximately $592 million. This reduction in holdings may be attributed to periodic transfers to major exchanges, other crypto platforms, and philanthropic endeavors.
Despite fluctuations in his holdings, Buterin’s confidence in Ethereum remains steadfast. At the time of reporting, ETH had experienced a modest 0.51% increase in value over the last 24 hours, reaching $2,526.
Vitalik Buterin’s journey as a key figure in the crypto realm continues to intrigue many, with his Ethereum holdings and beliefs shaping the narrative around the future of cryptocurrencies.
