Vitalik Buterin currently owns over $ 1 billion in Ethereum

Ethereum's price reached an all-time high of $ 3,188 today. This makes Vitalik Buterin, the co-founder of the 27-year-old project, one of the richest men in the world. There is just over $ 1 billion of Ethereum in a single wallet. Buterin disclosed his home address to ETH in October 2018, stating that it also included donations to charities. Currently, the wallet is worth 333,520 ETH, or just over $ 1.06 billion. He said they have other "relatively small" addresses. https://t.co/yLfy39gwB5 This includes not only sales but also gifts and charity donations. – vitalik.eth (@VitalikButerin) October 10, 2018 The community is closely watching Buterin addresses for fear that a major sale indicates that the market is reaching its peak. But Buterin is a verified HODLer: Last sold ETH in August 2020, selling 13,333 ETH for $ 5.2 million – then the price was just under $ 390. Vitalik Buterin sold 500,000 Ethereum to Mike Novogratz for $ 0.99. Buterin is also not inclined to call it the best in the market. He announced that he sold and donated an unspecified portion of ETH shares for fiat when the price of ETH reached $ 700, almost half of the previous high of $ 1,300 seen in January 2018. Sold * J 'and * ETH for ~ $ 700, which is about half the top (actually both sold and issued). The * Ethereum Foundation * was sold for ~ $ 1,200, and that money has since been transferred to developers and exchanges. – vitalik.eth (@VitalikButerin) August 17, 2020 Despite its enormous wealth, Buterin's leaked wallet is only the 22nd most valuable wallet on the network, according to Etherscan data. It is significantly less valuable than the wallet managed by major cryptocurrency exchanges and coin issuers. The top wallet paired with Wrapped Ether absorbed around 7 million ETH ($ 22.1 billion), or more than 6% of Ethereum's supply. The second most valuable wallet deposits funds in Ethereum 2.0; this wallet contains 4.137 million ETH ($ 1.3 billion). Recent price increase

Join the Discussion

Back to top