Erik Voorhees, founder of ShapeShift, spent $4.75m on 2,504 ETH in an hour, paying $1,896 per token, according to Lookonchain.
The story so far: Whale accumulates ETH, Yu Jin says
On-chain analyst Yu Jin reported a whale spent 17.24m USDC on 7,703.2 ETH and later 19.7m USDT on 8,775 ETH. Three addresses suspected to be linked to Erik Voorhees then spent $47.4m in USDT on 23,091 ETH at about $2,051. Voorhees has now bought 2,504 ETH for $4.75m at $1,896 per token.
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ShapeShift founder Erik Voorhees buys 2,504 ETH for $4.75m
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