Erik Voorhees Resumes Heavy Ethereum Accumulation After One-Year Pause

ShapeShift founder Erik Voorhees has returned to accumulating Ethereum after a one-year break, with on-chain data pointing to sizable ETH buys routed via CoW Protocol. The activity involved $49 million in USDT for nearly 24,000 ETH at an average price of $2,098, while related wallets still hold about $35.25 million in USDT and Aave-yield bearing AETHUSDT.