Suspected 'Dingtou' whale linked to Erik Voorhees purchases 114,424 ETH worth 30.72M USDT

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A suspected "dingtou" whale linked to Erik Voorhees purchased 114,424 ETH valued at $30.72 million USDT early Tuesday. According to on-chain analyst Yujin, the whale has spent $253 million USDT across six wallets to accumulate 117,800 ETH, averaging $2,149 per ETH. Traders are monitoring altcoins as ETH price shows signs of consolidation.

Odaily Planet Daily reports, according to on-chain analyst Yujin, a suspected whale associated with Erik Voorhees purchased 114,424 ETH overnight, valued at approximately 30.72 million USDT. To date, this address has acquired 117,800 ETH across six wallets, spending a total of 253 million USDT at an average purchase price of $2,149.

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