Vitalik Buterin Reclaims ‘Onchain Billionaire’ Status

Vitalik Buterin says rollups must prove security before decentralizing

Vitalik Buterin co -founder of Ethereum has regained his position as a ten -digit tricking holder just days after crossing the price level of $ 4000 for the first time in eight months, according to Blockchain Intelligence.

“Vitalik Buterin is now billionaire onchain again,” Arkham He said In the post on Saturday. At the time of publication, Putin file Its value is estimated at about $ 1.04 billion, which includes 240,042 ETH, along with smaller classes in encrypted currencies such as AAVE ETAREUM (ATHWETH), Whiterock (White), Moo Deng (Mooding), and Ethereum (Weth).

Merchants expect new levels at all for the ether

On Saturday, ETHER (ETH) increased by another 6.38 %, reaching 4332 dollars after returning to $ 4000 on Friday – a level that has not been seen since December 2024 – while Bitcoin (BTC) has decreased from the maximum Crypto market.

At the time of publication, the ether is traded at $ 4,244, According to To Nansen.

Vitalik Buterin portfolio value is about $ 1.04 billion at publication time. source: Arkham

Some encryption dealers expect that the ether is on its way to restore its highest level ever in November 2021, which is $ 4,878. TED encryption trading He said In the X publication it is “the issue of days now”.

Coinglass data appears Move To $ 4,500 will put nearly $ 1.35 billion in short positions at risk among other merchants who speculate short pressure in the near future.

Archham also High The growing momentum of the traded funds for the ether exchange (ETFS). The company said: “Yesterday ETFS had total flows of $ 461 million to ETH, but only 404 million dollars for BTC,” the company said.

Over the past five days, the United States, which is based in the United States, has seen 326.6 million dollars in net flow, while the Bitcoin’s investment funds have deployed $ 253.2 million, According to To Farside data.

Borin was first become an encrypted billionaire in 27 years

Borin first became an encrypted billionaire at the age of 27 in May 2021, when the ether crossed $ 3,000 for the first time.

At that time, it was running around 333,500 ETH, at a value of about $ 1.029 billion, according to the ONChain data from ETHERSCAN. This came after the value of ETH was more than a quadruple of approximately $ 700 at the beginning of 2021.

Almost three years ago, in October 2018, Burin open He never kept more than 0.9 % of the total ETH supply, and his net wealth has not approached one billion dollars.

Related to: Ethereum surpasses Solana in capital flows: the goal of $ 4,000 on the horizon

While many in the industry attribute a large part of the increase in ETHER prices to the appearance of the ether cabinet companies, Buserin has recently made a strong warning against this trend.

Burin said in an interview on Thursday: “If you woke me three years from now and told me that the cabinet led to the fall of the eth, then, of course, you would be exalted why they were basically that they turned it somehow into a masculine game.”

magazine: Buterin’s Eth Treasury Warning, Bitcoin $ 250 A ‘Old’: Hodler’s Digest, 3-9 August

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