💰 Ethereum’s surge above $4,200, which we covered here, brought the project co-founder Vitalik Buterin back into the crypto billionaire club. Currently, his wallets hold over 240,000 ETH, valued at approximately $1.06 billion at current prices.
He first reached this status in 2021 when Ethereum surpassed $3,000 and his balance was about 333,500 ETH.
Last night was a major event for the entire crypto community. Bitcoin tested a historic high of $122,000, while Ethereum climbed above $4,300 (read more here). This momentum pushed the total cryptocurrency market capitalization to a new milestone — exceeding $4 trillion for the first time ever.
Experts note that growing investor interest is supported by a positive backdrop around approval of new crypto ETFs and expectations of institutional capital inflows.
⚠️ However, analysts remind that such a rapid rally is accompanied by increased volatility, meaning the market may face sharp corrections.
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