Entity reportedly buys 86,268 ETH for $187M since March 10

ChainCatcher reports that market sources say four wallets believed to be controlled by a single entity have spent 187.31 million USDT since March 10 to acquire 86,268 ETH at an average price of $2,171. More than a year ago, the same set of wallets sold a combined 53,799 ETH at $3,578, receiving 192.47 million USDT. An analyst tracking the addresses noted the wallets received ETH from ShapeShift about a decade ago. Arkham AI tags the cluster as \u0022Erik\u0022. The analyst added that the four wallets may also be linked to additional addresses.