Vitalik Buterin who is the co-founder of Ethereum is getting closer to becoming a billionaire with an estimated $ 700 million fortune.
Vitalik initially had a personal wealth of 350,000 ETH, and it has been confirmed by the blockchain data that now it is 333,520.
Buterin sold $ 10,000 ETH, first on February 9, 2020 at a price of $ 220, then on August 1, 2020 for $ 400.
Selling $ 50 million worth ETH before, Vitalik has an estimated $ 700 million fortune in total with the current price of Ethereum.
Vitalik's current fortune makes him the richest below the age of 30, but it is not known how much of $ 50 million Vitalik spent from previous sales.
Vitalik's address is closely followed by the crypto money market.
Ethereum Foundation has $ 800 million worth Ethereum, that is 430 thousand ETH.
In order to fund the development of Ethereum, the foundation made 100 thousand ETH transactions in December 2020 and 30 thousand ETH this month.
100,000 ETH of those transactions was transferred to the crypto currency exchange Kraken.
And it is trading at around $ 1,830s while writing the post.