How much ETH does Vitalik own now? Has he ever sold ETH for personal gain?

How much ETH does Vitalik own now? Has he ever sold ETH for personal gain?
  • Ethereum co-founder Vitalik Buterin has not sold any of his Ethereum holdings for personal gain since 2018.

  • Buterin currently holds about 250,000 ETH, which, according to his public address, is worth about $390 million at current prices.

Ethereum co-founder Vitalik Buterin has revealed that he has not sold any of his Ethereum holdings for personal gain since 2018.

“If you see an article saying ‘Vitalik sent XXX ETH to [exchange],’ it’s not actually me selling. It’s almost always me donating to some charity, nonprofit or other project and the recipient is selling,” Buterin said on Warpcast, a decentralized social media platform based on the Farcaster protocol.

Buterin’s previous cryptocurrency transfers to exchanges have often sparked speculation, with many interpreting those actions as potential sales of his digital assets. Such transactions can sometimes also cause market reactions and affect cryptocurrency prices.

How Much Ethereum Does Vitalik Buterin Own Currently?

Ethereum was launched in 2015. Buterin said in 2018 that the maximum amount of Ethereum he owned was about 0.9% of the total supply, which was 75 million at the time. That is, a maximum of 675,000 Ethereum.

Simon Cousaert, data director at The Block, said Buterin currently holds about 250,000 Ethereum, which is worth about $390 million at current prices, according to his public addresses. Cousaert added that Buterin has sent about 205,000 Ethereum from these addresses to exchanges over the years. The rest of the Ethereum can be kept in Buterin's private addresses and will not be sent to other counterparties.

The above chart shows that over the years, Buterin has sent more than 30% of his Ethereum holdings to exchanges for donations and other purposes. In June, Buterin founded his own charitable entity, Kanro, to fight Covid-19 and other epidemics. According to Arkham data, Kanro's public address currently holds about 75 million USDC stablecoins.

<<:  Tesla's financial report: Investing heavily in artificial intelligence and continuing to hold Bitcoin

>>:  Data analysis of four bull-bear cycles: Is "the team doing things" really related to the price of coins?

Recommend

How to judge a person's fate from his five senses

1. Look at the eyebrows In physiognomy, we can ju...

EasyMiner 3.5.0 released

To make it easier for you, we have made the follo...

A man with sunken cheeks has poor physiognomy ability

We can tell a lot about a person through his or h...

Analysis of whether a woman's garlic nose is good or not

If a woman has a bulbous nose, it is actually not...

Turning point? Grayscale applies to convert Solana Trust into a spot ETF

Grayscale Investments has filed an application wi...

Which people are very selfish and never consider other people's feelings?

If a person is very selfish, such a person will n...

There is a mole behind the ear. What does it mean?

Many people dislike moles because some moles on t...

How is the financial fortune of a woman with a flat nose and thin lips? OK?

Different people have different fortunes. Some peo...

Your face shows how unhealthy you are

Your face shows how unhealthy you are There is a ...

The facial features of never talking nonsense

In fact, we all say a lot of nonsense in our dail...

How to tell if you are energetic from palmistry

How to tell if you are energetic from palmistry P...