Erik Voorhees-linked wallet buys 2,103 ETH, building a $264M position in two weeks

On-chain analytics platform Lookonchain reported that a wallet linked to Erik Voorhees, an early Bitcoin supporter and the founder of ShapeShift, transferred 4.35 million USDT on Tuesday to buy 2,103 ETH at an average price of about $2,069. Over the past two weeks, the address has accumulated 122,355 ETH, spending a total of 264.37 million USDT at an average entry price of $2,161.