- 90% of Buterin’s wealth is held in Ethereum, showing his strong commitment
- He disclosed his annual salary from the Ethereum Foundation is 182,000 SGD, approximately €125,000
- Despite his transparency, Ethereum is facing market challenges, with ETH dropping 8.8% in the last 24 hours
The creator of Ethereum, Vitalik Buterin, made it known recently that about 90% of his wealth is in ETH. This unpopular view came amid cut-throat discussions on the loyalty of Mr. Buterin to the blockchain-based system that he helped design, giving a hint of his interest in the cause.
Prompted by rumors questioning his “loyalty” to Ethereum, Vitalik Buterin revealed via X (formerly Twitter) a very interesting figure: 90%.
The crypto mogul, who founded the most famous and longest-running smart contract platform, disclosed that 90% of his wealth is in Ether. We’re talking about a staggering amount, in the hundreds of millions of dollars.
Vitalik Buterin Reveals ETH Holdings and Foundation Salary
Vitalik remains one of the key figures in Ethereum, continuously engaged in the development of the chain and its ecosystem. Knowing that he is so heavily invested, with such a significant stake, is undoubtedly positive news for the entire community.
On the same day, just yesterday, Buterin responded to another tough question on X, revealing how much he earns from the Foundation. Again, no hesitation, just a direct answer: 182,000 SGD (Singapore dollars), a little over €125,000 at today’s exchange rate. These are managerial-level figures, but not what you’d expect from the leader of a giant like Ethereum.
Once again, Vitalik Buterin speaks out without any issues, as he has done many times in the past. However, despite the clear message behind his first post (i.e., that ETH can also be a store of value), the market did not respond positively; the network is going through a period of change, and the coin is struggling to regain momentum (currently showing a -8.8% drop in the last 24 hours).
Conclusion
Vitalik Buterin’s revelation not only shows his confidence in Ethereum but also highlights the importance of transparent leadership in the cryptocurrency world. Despite the current challenges in the market, Buterin’s involvement remains a strength for the Ethereum ecosystem.
