Justin Bieber’s Ethereum Profits in 2024: How Much Did He Make?

Discover how much pop icon Justin Bieber profited from Ethereum investments in 2024! The renowned artist’s involvement in cryptocurrency began back in 2021, notably within the non-fungible token (NFT) sector, which has captured global interest.

Understanding Bieber’s Ethereum Success

Justin Bieber has taken significant strides in the digital currency space. A digital wallet associated with Bieber acquired over $2 million in Ethereum (ETH) through a project known as InBetweeners. This venture enabled him to invest in top-tier digital collectibles like Bored Apes and Mutant Apes, further solidifying his status in the cryptocurrency world.

Justin Bieber’s Crypto Portfolio: Current Standing

Remarkably, Bieber’s digital wallet maintains its value, holding 146.478 Ether as of now. Each unit is priced at $2,413.85, translating to a total worth of $353,575, per Arkham Intelligence. Notably, Bieber’s Ether portfolio has shown consistency this year, being valued at $335,720 at the end of 2023 when Ether was at $2,291.95 per unit.

Consequently, this means the influential musician has realized a profit of $17,854 on Ether so far this year, equating to an impressive 5.3% return.

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Why Ethereum Dominates Bieber’s Holdings

Despite diversifying his portfolio with other tokens like Apecoin, Bieber’s most significant holdings are in Ethereum. Since purchasing his original Bored Ape in early 2022, there has been little outward movement from his wallet, underscoring his strategic hold approach. As a leading figure with substantial social media influence, Bieber ranks second only to Donald Trump among celebrities with the largest crypto holdings.

Current Market Trend Overview: At the latest check, Ethereum trades at $2,413.85, reflecting a 0.34% upswing over the last 24 hours, according to Benzinga Pro.

Image by Budiey on Flickr

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