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Bitcoin supporter and ShapeShift founder Erik Voorhees continues quietly grabbing #Ethereum 🥳.......In the past 4 hours, he added another 1,915.28 $ETH , spending about $4.17 million to increase his growing position. With this latest purchase, the amount of #ETH he has accumulated over the past week has reached 29,191.82 ETH, bringing the total value of the new position to roughly $61.65 million.
The average acquisition cost across these buys sits around $2,112.19 per ETH, and the holdings are currently distributed across 22 separate wallets, likely for security and operational management. One of the key addresses associated with this accumulation is 0x3e68AAA486D5Aa73fA1370900414Fb671C1Ef2f7. The steady buying pattern suggests a deliberate accumulation strategy, with the early crypto veteran continuing to build a sizeable ETH position while spreading the holdings across multiple addresses.