ShapeShift Founder Eric Voorhees Buys $97 Million Worth of Ether
Uk Jin
Summary
- Lookonchain said it identified signs that ShapeShift founder Eric Voorhees bought $97 million worth of 48,647 Ether over the past four days.
- It said the wallets' average Ether purchase price was $1,994.
- Lookonchain said the wallets still hold about $78.68 million worth of stablecoins, suggesting additional purchases may follow.
Forecast Trend Report by Period
Eric Voorhees, the founder of crypto trading platform ShapeShift, appears to have recently made a large purchase of Ether.
On-chain analytics platform Lookonchain said on November 14 that multiple wallets linked to Voorhees bought 48,647 Ether over the past four days, spending about $97 million.
The wallets' average purchase price was $1,994 per Ether.
Lookonchain added that the wallets still hold about $78.68 million worth of stablecoins, suggesting further purchases may follow.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.