The person behind this is only 32 years old this year, yet the amount he donated is more than what he kept.

Born in 1994, he was 19 years old when he wrote a whitepaper in 2013, still studying at university. In 2014, he received a $100,000 scholarship. He dropped out to write code—those were the conditions: don’t go to school; go do something.

He isn’t the type to clutch his coins in his hand. In 2021, a meme coin project sent half of its total supply straight into his wallet, without asking for his consent. He immediately donated the vast majority of it to India’s pandemic relief fund, which at the time was on the order of a billion dollars. In the following years, he also continued to donate to longevity research, public health, and other causes that have nothing to do with blockchain.

What he can do is different from Bitcoin: Bitcoin aims to make money that doesn’t require intermediaries. What he wants to build is a computer that nobody can shut down—once the program is written, it can’t be deleted, not even by him. Launched on July 30, 2015, in 2016 someone stole 3.6 million coins. He then voted to roll back the ledger. In 2022, it was changed from mining to staking, consuming 99.95% less energy. Each time, it was his own hands that made the moves.

At its cheapest, it was $0.43298. Today it is $2,746.03. Back then, the 1,000 U he put in is now 6.34 million U.

Today, it is $2,746.03 with a market cap of $335.127 billion, ranking second among crypto assets—still 44.5% away from its own all-time high of $4,946.05. Over the last 7 days, it’s up 13.45%.

So where is the money positioning itself right now: among retail traders, seven out of ten are buying, with long accounts making up 71.15%; the side with more money also has its positions leaning on longs, accounting for 59.85%. On the chart, the daily MA20 (2526.30) is being held below as support; the 1-hour RSI14 is 53.99. Resistance is at 2806.76, support at 2714.41—short-term, the trend is more bullish on the upside.

This is the early stage of a bull market—gold everywhere. Hold long-term. With a small position priced at $ETH , you can get in now. Buy as it falls. Buy more the more it drops. Buy a little on minor dips.

$ETH #Crypto market total market cap returns to $3 trillion