NewsBTC
10 August 2025
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Ethereum Surges to $4,300, Reinstating Vitalik Buterin as Billionaire

Ethereum's price increase has reestablished Vitalik Buterin as a billionaire, with his wallets holding approximately 240,042 ETH, valued at about $1.04 billion based on current prices.

Key Points

  • Ether surged by up to 6.20%, exceeding $4,300 for the first time since December 2024.
  • Nansen data indicates Ether was around $4,250 during reporting.
  • A rise to $4,500 could jeopardize $1.35 billion in short positions, suggesting a potential short squeeze.
  • ETF activity directed $461 million towards ETH; US-based spot Ether ETFs recorded net inflows of $326 million over five days.
  • Vitalik previously crossed the billionaire threshold in May 2021 when holdings were approximately 333,500 ETH.
  • Buterin cautioned against excessive reliance on large treasuries and borrowing in the ecosystem, highlighting long-term risks for investors.