How Much Ethereum Does ETH Creator Vitalik Buterin Own?

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As a researcher with extensive experience in the cryptocurrency industry, I have always been fascinated by the enigmatic figure of Vitalik Buterin, co-founder of Ethereum and one of its most influential figures. His net worth and Ethereum holdings are topics that never cease to spark curiosity among crypto enthusiasts.

As a dedicated crypto investor, I find myself constantly looking up to Vitalik Buterin – a highly influential figure in our dynamic world of digital currencies.

Questions continue to be raised regarding the estimated wealth of the individual who is among the founders of Ethereum, the digital currency that ranks as the second most valuable in terms of market capitalization, along with queries about the amount of Ethereum (ETH) he may possess.

Most of Vitalik Buterin’s wealth stems from his ownership of cryptocurrencies, with approximately 90% attributed to his Ethereum (ETH) holdings.

Ethereum co-founder Vitalik Buterin recently expressed his personal belief in Ethereum as a store of value. Buterin commented, “If I did not believe in ETH as SOV I would not hold nearly 90% of my net worth in it.”

It’s challenging to pinpoint Ethereum co-founder Buterin’s exact net worth as details about his non-cryptocurrency assets (like cash, properties, and private investments) are not openly disclosed. However, considering his recent remarks, it seems plausible that a substantial part of his wealth could be tied up in cryptocurrencies, particularly Ethereum.

Vitalik personally holds $600 million in Ethereum

— borovik (@3orovik) August 30, 2024

The query arises as to the amount of Ethereum that Vitalik Buterin, the founder of Ethereum, currently possesses. As per the latest blockchain data, it is estimated that Buterin personally owns more than $600 million worth of Ethereum, placing him among the top individual ETH holders.

Insight into Vitalik Buterin’s Ethereum holdings

In a recent tweet, on-chain analytics firm Lookonchain provided insights into Buterin’s Ethereum holdings over the past few years.

3 years ago, Vitalik Buterin announced he owned approximately 325,000 Ethereum, valued at a staggering $1.46 billion when each coin was selling for $4,500. Recently, his Ethereum holdings have reduced to about 240,000 ETH, now valued at around $592 million.

Three years ago, VitalikButerin stated that he owned approximately 325,000 ETH (worth around $1.46 billion at the time when the price of ETH was $4,500). Now, his holdings stand at 240,000 ETH (valued at around $592 million). Over the past three years, VitalikButerin has decreased his ETH holdings by approximately 85,000 ETH ($209 million) in value.— Lookonchain (@lookonchain) August 30, 2024

At times, Buterin moves a small amount of his assets to prominent cryptocurrency exchanges and other significant platforms, in addition to engaging in charitable activities. This might account for the reduction in his holdings.

At the time of writing, ETH was up 0.51% in the last 24 hours to $2,526.

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2024-08-31 14:22