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ShapeShift founder spent 17.75 million USDT to buy 8,576 ETH over the past 5 days

ShapeShift founder spent 17.75 million USDT to buy 8,576 ETH over the past 5 days

2026-03-15 18:34

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ChainThink report, March 15: According to Lookonchain monitoring, ShapeShift founder Erik Voorhees spent 17.75 million USDT over the past 5 days to acquire 8,576 ETH, averaging $2,069 per ETH.

One year ago, he sold 12,886 ETH at an average price of $3,324, totaling approximately $42.83 million in value. He currently still holds 26.77 million USDT, potentially indicating further accumulation of ETH.

#ETH

Disclaimer: Contains third-party opinions, does not constitute financial advice

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