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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Vitalik Buterin’s On-Chain Assets Cross $1 Billion, Data Shows

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Vitalik Buterin Warns Ethereum Treasuries Could Become an “Overleveraged Game”

The post Vitalik Buterin’s On-Chain Assets Cross $1 Billion, Data Shows appeared first on Coinpedia Fintech News

Ethereum co-founder Vitalik Buterin has quietly joined the billion-dollar club, at least when it comes to on-chain assets. According to blockchain analytics platform Arkham, Buterin’s publicly visible crypto holdings have now crossed $1.02 billion in value. Meanwhile, this has come just right after Ether crossed the $4,000 price level for the first time in eight months.

Ethereum at the Core

According to Arkham Intelligence, the majority of Buterin’s portfolio consists of Ethereum itself. He currently holds around 240,000 ETH, a stash worth around $1.014 billion. This isn’t surprising, given his role in co-creating the network and his long-standing commitment to its development. 

Ethereum has been at the heart of countless blockchain innovations, from decentralized finance (DeFi) to NFTs, and Buterin’s holdings reflect his deep connection to the project’s success.

Other Tokens in the Mix

Alongside ETH, Arkham’s data shows Buterin owns 2,906 Aave Ethereum (AETHWETH) tokens and other smaller crypto assets such as WhiteRock (WHITE), Moo Deng (MOODENG), and Wrapped Ethereum (WETH). 

While these holdings are far less valuable than his Ethereum stack, they show he’s no stranger to exploring different assets within the ecosystem. 

A Transparent Billionaire

Unlike many in the tech and finance world, Vitalik Buterin’s wealth is evident on the blockchain, with every token in his disclosed wallets trackable in real time.

He first became a crypto billionaire at 27 in May 2021, when Ether crossed $3,000, holding about 333,500 ETH worth $1.02 billion, according to Etherscan. In 2018, he had said he never owned more than 0.9% of Ethereum’s supply, and his net worth had “never come close” to $1 billion.

Today, rising ETH prices and growing institutional interest are fueling his fortune. U.S.-based spot Ether ETFs recently recorded $461 million in net inflows. As of now, ETH trades around $4,201, with a market cap of $507.8 billion.

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