The ETH holdings of Ethereum co-founder Vitalik Buterin have grown by over 700% during the bull run to over $400 million as seen on his wallet address as of Jan. 21.
- Buterin holds 33,348.3 ETH in his main personal wallet, although it is one of his 3 wallets public wallets to which he has access
- ETH crossed the $1,400 mark on Jan. 19, up roughly 90% since YTD
- Buterin frequently donates to charity, having granted millions for various causes over the years
- The DeFi market growth has contributed to Ethereum’s rise, with multiple related projects attracting significant sums of new investment
- The launch of ETH 2.0’s beacon chain is another major milestone that Ethereum crossed in Dec. 2020
- Several analysts, including Spencer Noon, believe that Etheruem is due to grow even further, as a result of DeFi sector growth and institutional investment
- Ethereum is the second most popular investment product after Bitcoin (BTC) in most digital asset management portfolios, including Grayscale Investments