Well, well, well, look who’s been secretly hoarding digital gold! Blockchain intelligence firm Arkham recently uncovered a rather juicy little nugget: Reid Hoffman, LinkedIn’s co-founder and part-time venture capitalist, is the proud owner of a hefty stash of Ethereum. How hefty, you ask? A whopping $6.1 million, all locked up in ETH. Talk about having a “long” position on that coin. Who knew?
This means he’s betting the farm-or at least his millions-on the mighty Ethereum. A bold move, Reid, a bold move indeed. And by the way, did we mention he doesn’t just stop there? Oh no, he’s also flaunting a fancy CryptoPunk NFT, bought for a casual 150 ETH. Just imagine that: a little pixelated art for the price of a car… or a house. But who’s counting?
So, what’s the deal with Reid Hoffman and crypto? Oh, he’s been in the game longer than you’ve probably been scrolling through your Facebook feed. A real veteran, having dipped his toes in the blockchain waters all the way back in 2013. He was practically a fortune teller, predicting that crypto would go mainstream long before you or I even heard of Bitcoin. You could almost hear him chuckling to himself in 2015, saying, “Oh, mark my words, folks, this digital currency thing will be huge.” And look at us now.
He’s no fan of the “crypto is just a get-rich-quick scheme” crowd either. He’s got big plans-real big plans-like a world where blockchain technology takes over and kicks out those pesky intermediaries. Goodbye middleman, hello micro-economies. It’s almost as if he has his own little vision for the future, and we’re all just catching up.
Of course, Hoffman isn’t the only one from the “PayPal Mafia” making a crypto splash. Oh no. Tesla’s very own Elon Musk made a rather spectacular move when he bought $1.5 billion worth of Bitcoin for his company’s balance sheet-before later selling most of it, of course, after some “environmental concerns.” Classic Elon. Meanwhile, Peter Thiel, the man with the giant sunglasses, has been secretly stacking Bitcoin and Ethereum like there’s no tomorrow. Hundreds of millions, folks. Hundreds.
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2026-02-27 00:34