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Wallets linked to ShapeShift founder bought $97M in Ether over 4 days, holding $78.7M in stablecoins.

Market News
14 Nov 2026, 14:56 WIB
Tokenpost
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Bullish
Wallets linked to ShapeShift founder bought $97M in Ether over 4 days, holding $78.7M in stablecoins.

Wallets associated with ShapeShift founder Erik Voorhees purchased 48,647 Ether (ETH) worth about $97 million over four days, averaging roughly $1,994 per ETH. These wallets also hold approximately $78.68 million in stablecoins, which is about 81% of the amount spent on ETH. This suggests the wallets may continue buying more ETH in the near future. The activity highlights a significant concentrated buying period and potential further investment in Ether by these linked wallets.

The wallets linked to Erik Voorhees buying 48,647 Ether provide context for crypto market activity. For readers following major cryptocurrencies on Pluang, as of Nov 14, 2026 19:41 WIB, 5 out of 50 major cryptocurrencies rose while 44 fell. Notable movers include ALGO down 5.57%, COTI down 5.54%, and UNI down 5.51%.

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