ShapeShift Founder-Linked Address Acquires Additional 17,084 ETH

2026-03-20 10:12

An address linked to ShapeShift founder Erik Voorhees has reportedly acquired an additional 17,084 ETH, valued at approximately $36.71 million, at an average price of $2,148.8 per ETH over the past four hours. This brings the total ETH accumulation since March 10 to 103,389.22 ETH, worth $222 million, with an average cost of $2,164.72 per ETH. Despite the significant transactions, Erik Voorhees denied ownership of the address on March 17. However, the address, 0x71DB37318092A962DE3398E17f13fc633b58B9B8, shows connections to funds that suggest possible ties to Voorhees or interactions with large entities or whales.

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