Whale Potentially Linked to Erik Voorhees Spends Another $6.67M on ETH

May 8, 2026

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Key Takeaways:

A whale wallet linked to Erik Voorhees bought 2,920 ETH for $6.67M on May 8, 2026, per Lookonchain. The wallet previously accumulated 123,184 ETH worth ~$266M before the latest purchase at $2,284. The buy came as a separate wallet offloaded $20M in ETH to Binance the same day. Massive Accumulation Adds to $266M Position Image source: X Conflicting Signals Emerge

Neither Voorhees nor Shapeshift have publicly commented on the wallet’s activity at press time.

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