Vitalik Buterin, co-founder of Ethereum, has regained billionaire status as Ether surpassed $4,000 for the first time in eight months. According to Arkham, Buterin's portfolio is now valued at approximately $1.04 billion, consisting of 240,042 ETH along with smaller amounts of other cryptocurrencies. Ether recently rose by 6.38%, reaching $4,332, a peak not seen since December 2024. Analysts suggest Ether could soon hit its all-time high of $4,878, with some predicting a potential short squeeze at higher prices. The surge in Ether's price is attributed in part to growing interest in Ether exchange-traded funds (ETFs), which saw substantial inflows compared to Bitcoin. Buterin first became a crypto billionaire at 27 in May 2021, holding around 333,500 ETH then. He has previously expressed concerns about the reliance on Ether treasury companies and their impact on the market. Overall, the current market dynamics and Buterin’s significant holdings are encouraging bullish sentiments among traders.

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