You Won’t Believe Vitalik’s Back in the Billionaire Club! 😲💰

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So, Ethereum‘s price just decided to take a little joyride, huh? And guess who’s back in the billionaire club? Yep, our buddy Vitalik Buterin! I mean, it’s like a bad sitcom where the main character keeps getting rich and poor every other episode. What’s next? A reality show? “Keeping Up with the Crypto-ians”? 🎬

Arkham Valuation And Wallets

According to Arkham-whoever they are-Vitalik’s wallets are now holding about 240,042 ETH. That’s a cool $1.04 billion, folks! But let’s be real, that’s just on-chain. Who knows what he’s hiding under his mattress? Maybe a few NFTs of cats wearing sunglasses? 🐱😎

And those wallets? They’ve got some other tokens too, like AETHWETH and whatever else sounds like a sneeze. But remember, this is just a snapshot. It’s not like we’re getting a full picture of his off-chain assets or tax liabilities. I mean, who wants to deal with taxes anyway? 🤷‍♂️

Now, Ether climbed as much as 6.20% on Saturday. It’s like it woke up and decided to go for a jog. And guess what? It breached the $4,300 mark for the first time since December 2024. I mean, who’s keeping track of these things? Nansen data says it was around $4,250 at the time. Sounds like a lot of numbers to me! 📈

Traders are sweating bullets over a potential short squeeze. If Ether hits $4,500, it could put $1.35 billion of short positions at risk. That’s like playing poker with your life savings and realizing you’ve got a pair of twos. Good luck with that! 🃏

ETFs And Flows Driving Demand

Now, let’s talk about ETFs. Apparently, they sent $461 million to ETH and only $404 million to BTC. I mean, come on, Bitcoin! Step it up! Over five trading days, US-based spot Ether ETFs recorded net inflows of $326 million. That’s a lot of cash flowing in. It’s like a river of money, and everyone’s trying to swim upstream! 💸

A History Of On-Chain Wealth

Vitalik first crossed the billionaire threshold at 27. Can you believe that? I was still trying to figure out how to fold a fitted sheet at that age! Back in May 2021, when Ether was above $3,000, he had about 333,500 ETH. Now, it’s just a simple math problem of visible token holdings and a higher ETH price. Easy peasy, right? 🤔

In a recent interview, Vitalik warned against relying too much on large treasuries. He’s like the wise old sage of crypto, saying, “Hey, don’t over-borrow, or you’ll end up in a mess!” Thanks for the tip, Vitalik! I’ll just stick to my couch and binge-watch Netflix instead. 📺

That kind of caution from a founder is important for investors. They’re weighing long-term risks against short-term price moves. It’s like trying to decide whether to invest in a new blender or just keep using the old one that makes weird noises. Good luck with that! 🍹

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2025-08-10 13:00