Ethereum (ETH-USD) Co-Founder Vitalik Buterin Reveals His Annual Salary
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Vitalik Buterin, co-founder of Ethereum, disclosed an annual salary of about $50,000 from the Ethereum Foundation. Despite holding nearly $1 billion in ETH since 2018 without selling, he addressed queries about the Foundation's funding use. A forthcoming report will detail spending, revealing that 36.5% of the 2023 budget supports "New Institutions," an increase from 23.8% in 2022. The budget also emphasizes research and development for Ethereum. However, technical indicators signal a bearish outlook for ETH, with 6 neutral and 12 bearish indicators compared to 4 bullish ones.
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