#打榜优质内容 Ethereum breaks through 4000 Dollar! Vitalik Buterin returns to the ranks of billionaires. ETH short-term may achieve an all-time high.

With the success of Ethereum's price surpassing the $4000 barrier and continuing to rise, the value of the on-chain assets of Ethereum co-founder Vitalik Buterin has returned to over a billion dollars. Market analysts show optimism about the short-term direction of ETH, considering that reaching the historical high point of $4878 is close. At the same time, the influx of funds into the Ethereum exchange-traded fund (ETF) has shown significant strength, even surpassing the Bitcoin ETF, indicating increased institutional confidence in the future of ETH. However, V神 himself expresses concern about the overuse of leverage by institutions holding ETH. Data from Arkham Information regarding blockchain shows that V神's on-chain assets have exceeded a billion dollars, with his core holdings being 240,042 pieces of ETH.
Moreover, his **cryptocurrency distributions** include a small collection of other tokens, such as Aave Ethereum (AETHWETH), WhiteRock (WHITE), Moo Deng (MOODENG), and Wrapped Ethereum (WETH). The strong ETH breakout above 4300 Dollar, approaching the all-time high. The price of Ethereum continued to gain strong momentum over the weekend. After successfully reclaiming the key psychological level of 4000 Dollar on Friday, it continued to rise on Saturday by 6.38%, reaching 4332 Dollar! This increase in ETH price coincided with a decline in Bitcoin's market share and a noticeable improvement in trader sentiment. **Renowned cryptocurrency analyst Ted and others predict that ETH will attempt to re-test the all-time high (ATH) recorded in November 2021 at 4878 Dollar, stating that it is "just a matter of days". Market data indicates that if the price of ETH reaches 4500 Dollar, it could lead to significant pressure on short positions (Short Squeeze)**. CoinGlass estimates that reaching this level could trigger the liquidation of short positions worth around 1.35 billion Dollar. The Ethereum exchange-traded fund (ETF) attracted more funds than the Bitcoin fund, while Arkham noted that recent ETF fund flows show a trend favoring Ethereum over Bitcoin.
Data indicates that last Friday, the (ETF) futures trading fund focused on ETH recorded total inflows of 461 million Dollar, surpassing the Bitcoin futures trading fund which recorded 404 million Dollar. According to Farside data, the net inflows for the Ethereum futures trading fund in the United States were 326.6 million Dollar over the past five days, while the net inflows for the Bitcoin futures trading fund were 253.2 million Dollar. This reflects an increased institutional appetite for injecting funds into ETH, as the Ethereum futures trading fund continues to attract money after its approval.
The billionaire path of V神 and changes in holdings Buterin first joined the billionaire list in May 2021, when ETH first surpassed 3000 Dollar. At that time, he owned approximately 333,500 ETH, worth an estimated 1.029 billion Dollar. However, he revealed in 2018 that his holding of ETH never exceeded 0.9% of the total supply, and that his net worth "never came close" to 1 billion Dollar before that bull run in 2021. V神 warned of the risks of leverage in institutional ETH treasuries, although Ethereum's rise in this cycle is supported by inflows from institutions and an increasing number of companies holding ETH as a reserve asset, Buterin expressed a cautious view on this trend. In a recent interview, he warned that the potential risks of excessive financial leverage in institutional ETH treasuries could lead to long-term risks. "If you woke me up three years later and told me that the treasuries ( holding excessive amounts of ETH) led to the collapse of ETH... I think it’s basically because they ( institutions) made it somehow an excessive leverage game," he said. Situation: Significant increase from BitMine in ETH holdings Last week, BitMine Immersion Technologies, led by Tom Lee of Fundstrat, added 208,137 new ETH to its growing reserves of crypto assets. This action raised its total holdings of ETH to 833,137 ETH, making its current value exceed 3 billion Dollar. This move strengthened BitMine's position as the largest listed company owning ETH, placing it among the top four companies holding cryptocurrencies in the world.
Conclusion: The price of Ethereum has surpassed the key resistance level, the wealth of the founder has increased, and the strong inflow of funds from ETF funds all contribute to an optimistic picture of the current ETH market. The market is generally focused on whether ETH can successfully challenge the historic highs in the short-term and start a new round of the bull market. However, V神's warnings remind investors to pay attention to the risks of leverage in institutional holdings of ETH and to maintain rationality when participating in ETH contract trading or planning for the development of the ETH ecosystem.#TOKEN OF LOVE IS BACK #BTC Market Cap Tops Amazon