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Vitalik Buterin Reveals He's No Longer A Billionaire.If You ...
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Vitalik Buterin Reveals He's No Longer a Billionaire.
Ethereum's co-founder has revealed that he's no longer a billionaire since the bruising bear market began.
Buterin's wallet currently holds 290,000 ETH — with a cash value of about $602.3 million.
But back when ETH had hit an all-time high of $4,891.70 back in November, this crypto stash for done be worth over $1.4 billion.
Ether is now trading at a 57% discount to this record price, with the cryptocurrency's market cap shrinking by hundreds of billions of dollars.
Buterin's admission came in response to a tweet that claimed Elon Musk and Jeff Bezos love posting on Twitter because they're billionaires who crave attention.
The multimillionaire later clarified that he wasn't counting himself as a billionaire.
Although Buterin is no longer in the "three comma club," his supporters argue it's only a matter of time before Ether rallies — and he returns.
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