A large wallet linked to crypto veteran Erik Voorhees has added 2,920 ETH for $6.67 million at an average price of $2,284, extending a buying campaign that previously accumulated 123,184 ETH worth approximately $266 million. The fresh purchase brings the wallet's total ETH exposure to over $273 million at cost basis.
The scale and consistency of the accumulation is the signal here — this isn't a one-off entry but a continued, deliberate build at current price levels. Buying in size at $2,284 suggests conviction that ETH is attractively priced relative to a longer-term target, and wallets of this profile tend to move ahead of broader institutional rotation.
For ETH watchers, persistent whale accumulation at these levels provides a demand-side anchor that the market will be watching closely.
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