ShapeShift founder Erik Voorhees has significantly increased his Ethereum holdings, acquiring 50,705 ETH worth approximately $111 million in just five hours. This marks the most concentrated accumulation since March 10, surpassing the total acquisitions of the past week. Voorhees now holds a total of 86,305 ETH, valued at $189 million, with an average cost of $2,167.87 per ETH, resulting in an unrealized profit of $2.46 million. The recent purchases were made using two addresses: 0xF2f270f7bEb58BD9b4ea2D393961945610C4f537 and 0x554adc35ccD8090566BfcA842537fd39b82489C1.
Erik Voorhees Acquires 50,705 ETH in Five Hours, Boosting Holdings to 86,305 ETH
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