Retail crypto investing gained mainstream popularity during the 2017 bull run, yet the 2018 crypto crash left many investors citing fraud due to their massive losses. As we look toward the future, it is imperative to filter though the various coins that will not maintain their value.
Let’s look at the crypto holdings of one of the most prominent individuals in the crypto space, Ethereum Founder Vitalik Buterin. These statistics were derived from what is publicly available and what he said during his Reddit AMA. According to one report, Buterin’s wealth sits around $60 million in liquid assets, not including business interests.
Below is a list of Buterin’s holdings:
Non-Ethereum Ecosystem Coins
Buterin holds Bitcoin Cash (BCH), Bitcoin (BTC), Dogecoin (DOGE), ZCash (ZEC). This portion of his portfolio accounts for less than 10% the value of his ETH
Non-ETH Ethereum Tokens
Of the ERC 20 tokens built on the Ethereum blockchain he created, Buterin holds Kyber Network (KNC), MakerDAO (MKR), OmiseGO (OMG), Augur (REP). This portion of his portfolio also amounts a combined value of less than 10% of the value of his ETH
Private Holdings and Income
Buterin has invested in blockchain startups Clearmatics and Starkware, yet the amount of these shares is not public information. As for his monthly cash flow, he draws a salary from the Ethereum Foundation.
As you can see, over 80% of Buterin’s holdings is in Ethereum (ETH). This is strategic as he is incentivized to increase the value of his holdings by further developing out and scaling the Ethereum blockchain.