How Much Ether Does Vitalik Buterin Own and Control?

Vitalik Buterin, the co-founder of Ethereum, has a significant amount of Ether in his possession. He received a large number of Ether in the early days of Ethereum, and it's estimated that he owns around 0.5% of the total Ether supply.

As one of the key developers of Ethereum, Vitalik Buterin was granted a large number of Ether as a form of compensation for his work. In 2014, he received 60 million Ether, which is now worth billions of dollars.

However, it's worth noting that Vitalik Buterin has stated that he doesn't control the majority of his Ether holdings, and that he has transferred a significant portion of it to other parties.

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Vitalik Buterin publicly disclosed his Ethereum holdings three years ago, revealing he held 325,000 ETH valued at $1.46 billion at the time.

The price of ETH was $4,500 per coin, which is significant because it gives us a snapshot of the cryptocurrency's value at that point in time.

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Buterin's holdings have decreased to 240,000 ETH, now worth around $592 million.

He has reduced his holdings by 85,000 ETH ($209 million) in three years, which could be attributed to occasional transfers to major exchanges and other crypto platforms.

In fact, Buterin currently holds about 240,000 ETH, worth about $1.06 billion, according to blockchain intelligence firm Arkham.

Vitalik Buterin's Ether Holdings are a topic of interest, and for good reason. He publicly disclosed holding 325,000 ETH three years ago.

Buterin's holdings have decreased significantly over the past three years, from 325,000 ETH to 240,000 ETH. This reduction is worth $209 million in lost value.

In fact, Buterin has reduced his holdings by 85,000 ETH in three years. This decrease is a notable shift in his investment strategy.

According to Buterin's own statement, all his Ether tokens come from the pre-mine period, where he received about 700,000 ETH. This is a significant amount of Ether.

Buterin currently holds about 240,000 ETH, which is around 423,000 ETH less than the initial tokens he received. This is a substantial decrease in his Ether holdings.

Ether, the native cryptocurrency of the Ethereum blockchain, has soared above $4,000 for the first time ever.

Ethereum's market capitalization is quickly approaching the capitalization of JPMorgan Chase, currently valued at $474 billion.

The largest cryptocurrency behind bitcoin broke past the $4,000 milestone on May 9, at approximately 11.10 pm E.T.

At the time of publication, ether (ETH) was trading at $4,127, posting 457.53% year-to-date gains, compared to bitcoin's 94.90%.

Ether's rally added more than $300 million to the wealth of Vitalik Buterin, Ethereum's co-founder and the world's youngest known crypto billionaire.

Vitalik Buterin's main ether address currently holds 333,521 ETH worth $1.38 billion.

The excitement surrounding Ethereum is further exacerbated by its ongoing transition to Ethereum 2.0, a set of upgrades expected to dramatically increase the speed of on-chain transactions and reduce energy consumption.

Vitalik Buterin has moved a significant amount of ether in recent times. In one transaction, he transferred 325,001 ether worth $1.3 billion to a separate contract address.

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This move is notable as it is among the first times the inventor of Ethereum has moved the vast majority of his own stake. The transaction was made after Buterin had disclosed his main ether address in October 2018.

The new address is "generated via gnosis safe, a platform which allows one to manage assets on the Ethereum blockchain and enables multi-sig transactions", according to Nicholas Gans, director of research and development at Inca Digital. This could potentially improve privacy and security.

Buterin also transferred 5,000 ether worth $20.5 million to the same address right before the main transfer.

Vitalik Buterin transferred 800 ETH worth around $2 million to a multi-signature wallet on August 30, prompting some to accuse him of ignoring commentary on his recent ETH transfers.

He had previously moved 3,000 ETH, equivalent to over $8 million, to the same multi-sig address on August 9. This level of on-chain activity has been observed from the Ethereum co-founder in the past few weeks.

Buterin responded to the accusations by stating that he hasn't sold any ETH for profit since 2018. Instead, he's been using the proceeds to support various projects within the Ethereum ecosystem or for charity.

He revealed that all his sales have been to support projects that he believes are valuable, such as biomedical R&D. This revelation received support from the online crypto community, with some encouraging him to spend some of his assets on luxury.

Vitalik Buterin, Ethereum's co-founder, has moved $1.3 billion worth of ether, almost all of his holdings, from his main public address to a separate wallet.

This transfer is the largest of its kind, leaving behind only $10,000 worth of ETH in his main wallet.

Buterin transferred 325,001 ether to a separate contract address created approximately 21 hours ago.

He also sent 5,000 ether worth $20.5 million to the same address right before the transfer.

The new address was generated via Gnosis Safe, a platform that allows one to manage assets on the Ethereum blockchain and enables multi-sig transactions.

This move is not being seen as a bearish move or signal that Buterin is stepping away from Ethereum by cashing out.

Buterin's move is notable as it is among the first times the inventor of Ethereum moved the vast majority of his own stake.

Ether is currently worth $4,100, an increase of 91% over the past month.

Buterin disclosed his main ether address in October 2018, and until the transfer, the wallet held more than 320,000 ether.

The transaction appears to be the largest transfer of his ether holdings to date.