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Vitalik Buterin’s Net Worth Revealed – How Much Ethereum Does He Own? Interestingly, He Doesn’t Have the Most ETH

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Ethereum co-founder Vitalik Buterin has an estimated internet price of at the least $552.86 million as of January 2024, based on a report by cryptocurrency monitoring platform Arkham.

Buterin, who has been energetic in crypto for greater than a decade, is credited with founding Ethereum. He started working in crypto in 2011, on the age of 17, when he based Bitcoin Journal with Mihai Alisie, who would later co-found Ethereum. In addition to Bitcoin Journal, Buterin and Alisie labored on Egora, a decentralized eBay for Bitcoin.

Buterin is reportedly sad with Bitcoin’s limitations, reminiscent of its restricted scripting language, which restricts its capacity to run extra advanced sensible contracts and decentralized functions. Buterin later printed the Ethereum Whitepaper in November 2013 (when he was 19 years outdated), proposing Ethereum as an antidote to Bitcoin’s limitations.

Most of Buterin’s identified cryptocurrency internet price is within the ETH token, that means he’s closely depending on the fluctuating value of ETH. Buterin’s identified crypto property are $552.86 million, nearly all of which comes from ETH holdings, accounting for about 246,730 tokens. Buterin’s crypto holdings might be estimated by his identified Ethereum pockets addresses.

Buterin’s non-ETH holdings embody his investments in numerous crypto firms, together with StarkNet, in addition to a handful of different tokens reminiscent of KNC & WETH. As of this writing, a number of the largest non-ETH token holdings embody 869,500 KNCL tokens price roughly $609,780 from Kyber Community, the decentralized liquidity protocol on which Buterin serves as an advisor, 196.42 Wrapped Ether (WETH) tokens valued at roughly $436,920, and roughly It’s 101 million THE tokens price $127,950.

Buterin seems to be the biggest particular person ETH holder with entry to its tokens. Though Rain Lohmus has roughly 250 thousand ETH for which he paid $75,000 within the ETH presale, they can’t be accessed as a result of he misplaced the personal keys to the pockets holding the ETH.

One other issue contributing to adjustments in crypto internet price is that identified ETH holdings look like lowering yearly. Buterin is thought to have offered his ETH holdings a number of occasions. For instance, in Might 2023, Buterin offered 200 ETH by sending it to a crypto trade, adopted by the Ethereum basis promoting 15,000 ETH. Notably, Buterin claims that he has not offered ETH for private achieve since 2018. He additionally clarified that when he despatched ETH to exchanges, they had been for donations and to not promote his ETH.

Buterin’s estimated internet price is comparatively bigger in comparison with different Ethereum co-founders and different early ETH holders.

*This isn’t funding recommendation.

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