Crypto Analyst VirtualBacon Hints at Major Ethereum Development Involving "Godfather" Figure

Crypto investor and educator Dennis Liu, widely known as VirtualBacon, has sparked significant speculation within the cryptocurrency community with a recent social media post. On October 19, 2025, Liu tweeted, "> The godfather of crypto godfathers doing ETH DAT," suggesting a major development involving Ethereum and a highly influential figure. The cryptic message has prompted discussions regarding the identity of the "godfather" and the meaning of "ETH DAT."

VirtualBacon, a prominent angel investor and educator in the crypto space with a substantial following, frequently shares market analysis and investment strategies. His past predictions have covered various aspects of the crypto market, including Bitcoin and altcoin movements. Earlier in 2025, Liu had adjusted his portfolio, reducing altcoin holdings due to anticipated market uncertainties, while still maintaining a bullish long-term outlook for key assets like Ethereum.

The term "godfather of crypto" is often used informally to refer to highly influential figures who have played foundational roles in the industry. While no single individual officially holds this title, prominent personalities like Vitalik Buterin, co-founder of Ethereum, and Charles Hoskinson, co-founder of Cardano and Ethereum, are frequently cited for their significant contributions. Buterin, in particular, is directly associated with Ethereum's creation and ongoing development, making him a potential candidate for the "godfather" reference, especially given VirtualBacon's past admiration for his work.

The phrase "ETH DAT" remains largely undefined within standard cryptocurrency terminology. While "ETH" unequivocally refers to Ethereum, "DAT" could represent a new project, a specific technical development, or an internal codename. Given the speculative nature of the tweet, it is possible "DAT" refers to an unannounced initiative or a highly anticipated upgrade within the Ethereum ecosystem, potentially related to scalability, security, or decentralization efforts. The Ethereum network is continuously evolving, with ongoing research and development into areas such as sharding, layer-2 solutions, and further improvements to its proof-of-stake consensus mechanism.

The tweet's timing in late 2025 could align with future phases of Ethereum's roadmap, which often involve multi-year development cycles. The crypto community is now closely watching for further clarifications from VirtualBacon or official announcements from Ethereum developers that might shed light on this intriguing, yet ambiguous, statement.