ChainThink reports that, on March 15, according to Lookonchain monitoring, ShapeShift founder Erik Voorhees spent 17.75 million USDT to purchase 8,576 ETH over the past five days, at an average price of $2,069.
A year ago, he sold 12,886 ETH at an average price of $3,324, for a total value of approximately $42.83 million. He currently still holds 26.77 million USDT and may continue to accumulate ETH.
ShapeShift Founder Buys 8,576 ETH for $17.75M in 5 Days
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Summary
ShapeShift founder Erik Voorhees purchased 8,576 ETH for $17.75 million over five days, at an average ETH price of $2,069. Last year, he sold 12,886 ETH at $3,324 each. ETH analysis indicates he currently holds 26.77 million USDT, suggesting potential further ETH accumulation.
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