Erik Voorhees bought 2,504 ETH within one hour, spending $4.75 million.
According to a flash update from Odaily citing monitoring by Lookonchain, an address belonging to ShapeShift founder Erik Voorhees (0x335...4a22) bought 2,504 ETH for $4.75 million, at an average price of approximately $1,896 per ETH.
· This is a record of purchases by a single address within one hour; it does not represent the address’s total holdings or indicate whether it will continue accumulating.
· The average execution price for this ETH purchase was approximately $1,896, which can serve as a reference point for gauging this address’s cost basis.
At an execution price of $1,896, would you first watch to see whether this address continues adding to its position, or monitor changes in spot ETH trading volume?
According to a flash update from Odaily citing monitoring by Lookonchain, an address belonging to ShapeShift founder Erik Voorhees (0x335...4a22) bought 2,504 ETH for $4.75 million, at an average price of approximately $1,896 per ETH.
· This is a record of purchases by a single address within one hour; it does not represent the address’s total holdings or indicate whether it will continue accumulating.
· The average execution price for this ETH purchase was approximately $1,896, which can serve as a reference point for gauging this address’s cost basis.
At an execution price of $1,896, would you first watch to see whether this address continues adding to its position, or monitor changes in spot ETH trading volume?
