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 ETH purchases 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 early this morning. To date, this mysterious whale has cumulatively spent 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 $2149. This position-building address group was previously labeled by some platforms as ShapeShift founder Erik Voorhees, but was subsequently publicly and explicitly denied by him.
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 ETH purchases 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 early this morning. To date, this mysterious whale has cumulatively spent 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 $2149. This position-building address group was previously labeled by some platforms as ShapeShift founder Erik Voorhees, but was subsequently publicly and explicitly denied by him.