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Ethereum Surges Over $4.2K as Buterin Reclaims Billionaire Title

Vitalik Buterin Becomes Onchain Billionaire as Ether Surpasses $4,000

  • Vitalik Buterin’s portfolio is now valued at approximately $1.04 billion, holding around 240,042 ETH.
  • On Saturday, Ether (ETH) reached a peak of $4,332 after climbing by 6.38%.
  • Traders speculate that ETH could reach its all-time high of $4,878 from November 2021 soon.
  • Recent data shows US-based spot Ether ETFs attracted $326.6 million in net inflows over five trading days.
  • A move to $4,500 could risk approximately $1.35 billion in short positions according to CoinGlass data.

Buterin first became a crypto billionaire in May when Ether crossed the $3,000 mark for the first time. His current holdings and the recent surge in ETH prices highlight the growing momentum within the cryptocurrency market.

As of now, Ether is trading at around $4,244, reflecting significant interest and investment activity in the crypto space.(Source)

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