ShapeShift Founder Eric Voorhees Buys $97 Million Worth of Ether

Eric Voorhees, the founder of crypto trading platform ShapeShift, appears to have recently made a large purchase of Ether.On-chain analytics platform Lookonchain said on November 14 that multiple wallets linked to Voorhees bought 48,647 Ether over the past four days, spending about $97 million.The wallets' average purchase price was $1,994 per Ether.Lookonchain added that the wallets still hold about $78.68 million worth of stablecoins, suggesting further purchases may follow.