The founder of Ethereum, like most cryptocurrency holders, has seen his wealth reduced by the market crash.
The drop in the price of Bitcoin (BTC), Ether (ETH), and the rest of the market has resulted in significant losses for investors. Among them is Vitalik Buterin, the founder of Ethereum, whose fortune shrank by approximately $80 million in the last 24 hours.
On-chain data shows that the total value of the Russian-Canadian computer scientist's token holdings remains at approximately $808 million, despite the recent decline.
The majority of his wealth is concentrated in ether (ETH), with over 241,000 ETH valued at approximately $796 million. A portion of Buterin's ETH holdings are deposited on the DeFi lending platform Aave, with 2,900 tokens denominated in aETHwETH.
Buterin also holds WHITE, MOODENG, KNC, DINU, REPV2, and USDC tokens, as detailed below:
Each of these assets held by Buterin shows negative variations in their price, with the collapse of the price of ETH being the main reason for the decline in Vitalik Buterin's wealth.
Ethereum's decline comes amid a broader sell-off in the digital asset market, influenced by macroeconomic uncertainty. Some analysts reported that Bitcoin (BTC), the market's largest digital asset, broke below a key moving average, which in the past signaled the arrival of a bear market.
