ethereum co-founder Vitalik Buterin’s cryptocurrency portfolio increased by $57 million over the past week, according to blockchain analytics platform Arkham Intelligence.
The value of the portfolio held at Buterin’s publicly known addresses increased more than 14%, from $396 million on October 17 to $453 million on October 24.
<img decoding="async" width="1775" height="331" src="https://crypto.news/app/uploads/2023/10/image-15.png” alt=”Buterin’s portfolio | Source: Arkham Intelligence”/>
The gain coincides with a significant increase in the price of ethereum (eth), which makes up the vast majority of Buterin’s holdings. eth is currently trading at $1,835, up 9.4% from just a week ago.
Buterin was an early contributor to the ethereum project. It has almost 247,000 eth spread across several publicly known wallet addresses. As a co-founder of ethereum, he was allocated a significant portion of eth in the early days of the project. With eth reaching new highs, Buterin’s stake has increased substantially in value.
The 27-year-old crypto billionaire is known for regularly donating to charities. Very recently, he dispelled rumors that he had sold some of his property, stating that, instead, he was donating more money to charities.
