Wallets associated with Erik Voorhees spent $97 million over the four days through November 14 to buy 48,647 $ETH at an average price of $1,994. According to Lookonchain, the wallets still hold $78.68 million in stablecoins.
In the past hour, he spent another $4.75 million to buy 2,504 at $1,896—nearly $100 below the four-day average. The pace looks less like a one-off position build and more like buying in batches as the price falls.
The early Bitcoin supporter and ShapeShift founder converting nearly $100 million into spot holdings at this price is itself a statement. The wallet attribution comes from Lookonchain’s clustering labels and has not been confirmed by Voorhees himself. Whether that $78.68 million in stablecoins will be used to buy more remains to be seen; on-chain transfers over the next few days will say more than this report.
#以太坊 #WhaleMoves
In the past hour, he spent another $4.75 million to buy 2,504 at $1,896—nearly $100 below the four-day average. The pace looks less like a one-off position build and more like buying in batches as the price falls.
The early Bitcoin supporter and ShapeShift founder converting nearly $100 million into spot holdings at this price is itself a statement. The wallet attribution comes from Lookonchain’s clustering labels and has not been confirmed by Voorhees himself. Whether that $78.68 million in stablecoins will be used to buy more remains to be seen; on-chain transfers over the next few days will say more than this report.
#以太坊 #WhaleMoves