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Erik Voorhees Converts 9-Year-Old Ethereum to Bitcoin Cash

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ETH
$3,004.170.74%
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BCH
$587.39-1.27%
Erik Voorhees, ShapeShift CEO, reportedly converted 4,619 Ethereum (ETH) from a 9-year-old wallet into 24,950 Bitcoin Cash (BCH), according to Ethereum news sources. The ETH, bought in 2016 at $20 each, fetched $13.42 million, marking a $13.3 million profit. The move comes after JAN3 CEO Samson Mow also sold Ethereum. With altcoins to watch gaining attention, the shift may signal broader market movement.
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