Address Linked to ShapeShift Founder Buys 50,742.6 ETH at About $2,200 Each

An address believed to be associated with ShapeShift founder Erik Voorhees acquired 50,742.6 ETH at an average price of $2,200 over the past four hours, totaling roughly $111.6 million in USDT, onchain analyst Ember data show. The address has accumulated 86,300 ETH since March 10 across four wallets, spending around $185 million at an estimated average entry price of about $2,152.