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Shapeshift Founder Sells 4,619 ETH for $13.3M, Shifts to Bitcoin Cash

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Erik Voorhees, founder of Shapeshift, sold 4,619 ETH over 14 days for $13.3 million in ETH news. He then bought 24,950 Bitcoin Cash (BCH). Voorhees, an early Ethereum holder, shifted his position to align with his belief in Bitcoin Cash as electronic cash. The move has triggered debate over Ethereum and Bitcoin news. U.Today reported the transaction, showing a clear realignment of his investment strategy.
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