Ethereum (ETH) Plummets: Vitalik Buterin’s Wealth Evaporates – Here Are the Losses

The sharp decline in the cryptocurrency market has caused a significant decrease 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% within the same period, dropping 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 is estimated at approximately 241,000 ETH, part of which is held as collateralized assets using the Aave protocol.

Buterin's collateralized ETH holdings on Aave amount to 2,919 AETHWETH, which are valued at around $9.45 million. His total portfolio is now worth approximately $788 million, down from over $856 million before the market downturn. Apart from ETH, some low-volume tokens in Buterin's portfolio also experienced losses:

• WHITE (Whiterock): 10 billion units, approximately $1.74 million
• MOODENG (Moo-Deng-2): 30 billion units, approximately $283,000

The total value of the cryptocurrency market fell below $2 trillion, with most major coins observing 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.