Voorhees-Linked Wallet Extends Ethereum Buying Streak Amid Weak Market

• Erik Voorhees-linked wallets accumulate around 828 ETH over two days despite a weak market.
• Ethereum Foundation adds 45K ETH to staking, total nears 70K ETH target. 
• Volatility fell to 0.62, its lowest since Jan 2026, signaling a potential breakout setup.

New on-chain data shows continued accumulation of Ethereum (ETH) tied to Erik Voorhees, the founder of cryptocurrency exchange ShapeShift, even as broader market participation remains weak.

Wallets linked to Voorhees added more Ethereum over two consecutive days. On April 4, the address spent around $887,900 in USDT to acquire 431.8 ETH. A day earlier, the same wallet deployed another 818,700 USDT to buy 396.7 ETH.

These buys follow a much larger accumulation of 122,355 ETH, worth roughly $264.37 million, as noted by blockchain analytics platform Lookonchain.

Institutional Flows Add to Accumulation Narrative…

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