Wallet linked to ShapeShift founder spends $36.75 million to purchase 17,084 ETH

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A wallet (0x71D...B9B8) reportedly linked to ShapeShift founder Erik Voorhees spent $36.75 million to purchase 17,084 ETH at $2,151 per ETH, according to Lookonchain. This comes as ETH’s price remains a focal point for traders. Analysts suggest that certain altcoins may gain momentum amid increased Ethereum activity. The transaction was tracked through USDT outflows and ETH inflows.

ChainCatcher report, according to Lookonchain monitoring, a wallet suspected to be associated with ShapeShift founder Erik Voorhees (0x71D...B9B8) has again spent 36.75 million USDT to purchase 17,084 ETH at a price of $2,151.

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