The sharp decline in the cryptocurrency market has caused a significant decline in the fortune of Ethereum founder Vitalik Buterin. According to on-chain data, Buterin lost approximately $79 million in the last 24 hours alone.
The price of Ethereum has fallen by 11.79% in the last 24 hours, falling to $3,172. While the overall market cap has shrunk due to Bitcoin's decline, Ethereum has also faced selling pressure from investors. Vitalik Buterin's total $ETH portfolio stands at approximately 241,000 $ETH, some of which is held collateralized through the Aave protocol.
Buterin's 2,919 AETHWETH holdings on Aave are worth approximately $9.45 million. His total portfolio is now worth approximately $788 million, down from over $856 million before the crash.
Apart from $ETH, some low-volume tokens in Buterin's portfolio also lost value.
- WHITE (Whiterock): 10 billion units, approximately $1.74 million
- MOODENG (Moo-Deng-2): 30 billion units, approximately 283 thousand dollars
While the total value of the cryptocurrency market fell below $2 trillion, major coins saw sharp declines:
- Bitcoin (BTC): $100,038, down 6%
- Ethereum ($ETH): $3,172, down 11.79%
- $BNB ($BNB): $897, down 9.31%
- Solana (SOL): $150, down 9.05%
*This is not investment advice.