Vitalik Buterin, Ethereum’s co-founder, revealed his portfolio: less than 10% in Bitcoin and anything not ETH. This sparked debate on ideal crypto allocation as Ethereum shows bullish momentum.
Buterin’s Crypto Mix: It’s All About ETH
So, what did Vitalik actually say? Well, he tweeted that he holds less than 10% of his crypto in Bitcoin. But here’s the kicker – he also holds less than 10% in anything that isn’t Ethereum (ETH). The source explained this reinforces a strong “Ethereum-first” investment strategy for him. This is pretty interesting because it goes against some popular advice circulating in the crypto world. A crypto analyst named Udi Wertheimer suggested serious investors should have at least 10%, and ideally closer to 70%, of their portfolio in Bitcoin. But Vitalik is clearly playing by his own rules.
It’s worth noting that the vast majority of Vitalik’s holdings are in ETH, clocking in at over $794 million! The source also revealed he holds smaller amounts of other Ethereum-based assets, like AETHWETH and WETH, along with a few less well known tokens. He even has a little bit of USDC stablecoin for liquidity purposes. It’s a pretty clear picture: Vitalik is betting big on Ethereum.
Ethereum’s Bullish Run & What it Means
Now, all this portfolio talk comes as Ethereum itself is having a moment. The source indicated that ETH is seeing some bullish price action lately. Market analyst TedPillows believes Ethereum has entered a short-term expansion phase, potentially setting the stage for a big price jump. Basically, after a period of consolidation and some market games, things are looking up for ETH. This has definitely added fuel to the fire in terms of portfolio allocation discussions, with some people seeing Vitalik’s approach as validation of an ETH-focused strategy. It’s a reminder that in the crypto world, things are always changing, and even the big names have different ideas about the best way to play the game.
Source: Bitcoin | Bitcoinethereumnews.com
