Erik Voorhees Buys 23,393 ETH After One-Year Break

• Erik Voorhees bought 23,393 ETH worth $49.08M, his first major ETH buy in a year.
• Voorhees created 28 wallets and invested $23.76M in tokenized gold assets.
• The move may boost Ethereum sentiment and draw stronger institutional interest.

Erik Voorhees has bought 23,393 ETH for 49.08 million USDT using two wallets on Cow Protocol. This marks his first major ETH accumulation in over a year. He still holds 35.25 million USDT, showing strong bullish conviction on Ethereum.

Erik Voorhees Buys 23,393 ETH for $49.08 Million

Erik Voorhees, ShapeShift founder and early Bitcoin advocate since 2011, purchased 23,393 ETH for $49.08 million at an average price of $2,098 per token using two wallets on March 15, 2026. 

The purchase was routed through Cow Protocol in multiple batches, marking his largest Ethereum accumulation since selling approximately 12,886 ETH at higher l…

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