PANews, March 15: According to Lookonchain monitoring, Bitcoin early supporter and ShapeShift founder Erik Voorhees has resumed purchasing gold after a one-month pause. Since January 31, he has created 28 new wallets and spent $23.76 million to buy 2,834 XAUT (worth $13.78 million) and 2,019 PAXG (worth $9.97 million), at an average price of $4,896 per token. His current profits have reached $513,000.
Bitcoin early supporter Erik Voorhees spends $23.76 million to buy XAUT and PAXG
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Summary
Erik Voorhees, Bitcoin early supporter and founder of ShapeShift, spent $23.76 million to purchase 2,834 XAUT and 2,019 PAXG, as the Fear & Greed Index currently shows mixed signals. Since January 31, he has created 28 new wallets, averaging $4,896 per token. His current profit stands at $513,000. XAUT and PAXG are among the altcoins to watch as institutional interest in gold-backed tokens continues to grow.
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