Ethereum co-founder Vitalik Buterin has achieved a significant milestone as his publicly-tracked on-chain assets now exceed $1 billion in value.
This wealth surge is primarily attributed to his holding of 240,000 ETH, which constitutes the core of his cryptocurrency portfolio. The valuation milestone coincides with Ethereum’s price breaking through the $4,000 barrier amid strong market performance.
The Ethereum rally has delivered a 22% weekly gain, driving the notable appreciation of Buterin’s holdings. Increased institutional interest continues to bolster demand and liquidity across Ethereum markets, contributing to the network’s growing valuation and prominence in the digital asset landscape.