Wu Shuo has learned that according to analyst Yu Jin's monitoring, a certain whale/institutional address has been continuously conducting "dollar-cost averaging" style purchasing operations of ETH since March 10. The latest on-chain data shows that this entity purchased 14,424 ETH for 30.72 million USDT through a new wallet earlier today. To date, this mysterious whale has accumulated spending approximately 253 million USDT across 6 different wallet addresses on-chain to purchase a total of 117,800 ETH, with a comprehensive average purchase price of approximately $2,149. This position-building address cluster was previously labeled by some platforms as ShapeShift founder Erik Voorhees, but was later publicly and explicitly denied by him.

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