Suspected ShapeShift Founder Buys Approximately 50,700 ETH in the Past 4 Hours, Transaction Value Around $112 Million

According to monitoring by crypto analyst EmberCN, an address suspected to belong to ShapeShift founder Erik Voorhees purchased another 50,742.6 ETH within the past 4 hours, with a transaction value of approximately $112 million and an execution price around $2,200.

Since March 10, this entity is suspected to have cumulatively purchased about 86,300 ETH through 4 addresses, with a total transaction value of approximately $185 million and an average price around $2,152.