Summary
- ShapeShift founder Erik Voorhees said he bought 33,544 Ethereum (ETH) over the past week.
- On-chain analyst Ai said the scale of this Ethereum accumulation was about $71.2 million.
- The purchases were made at $2,104–$2,206 per coin, and at an average entry price of $2,122, it is estimated to be posting about $4.327 million in unrealized gains.
Forecast Trend Report by Period
Erik Voorhees, founder of the decentralized trading platform ShapeShift, has reportedly embarked on a large-scale accumulation of Ethereum (ETH).
On the 16th, on-chain analyst “Ai” said on X (formerly Twitter) that Voorhees bought a total of 33,544 ETH over the past week. According to Ai, the size of this Ethereum buying spree is around $71.2 million.
The purchase prices were confirmed in the range of about $2,104 to $2,206 per coin. The average entry price was about $2,122, and the position is estimated to be sitting on roughly $4.327 million in unrealized gains at current levels.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
