Crypto market crash causes Ethereum co-founder to lose big

The cryptocurrency market has taken a sharp dive almost across the board. Even people such as Mark Cuban have said he has felt the "hit".

Cuban isn't alone when it comes to feeling the effects of the market dropping, and if you are involved in cryptocurrency in any way, you certainly know how it feels. Vitalik Buterin, the co-creator of Ethereum (ETH), and the world's youngest crypto billionaire, felt a loss of $400 million as Ethereum's value dropped by more than 50% in just 5 weeks.

Forbes reports that Buterin holds 325,001 and 1,366 ETH in two addresses currently valued at around $632,000,000. On May 3, his stack of ETH was valued at $1.09 billion, meaning that around $457,000,000 was lost in between May 3 and now. Ethereum is still ranked the no.2 coin when it comes to market capitalization, Bitcoin being the first with a $606,843,934,844 market cap, and Ethereum with $223,752,321,616. If you are interested in reading more about this story, check out this link here.