A certain entity has spent $187 million to buy 86,268 ETH through 4 wallets since March 10.

GateNews

ethereum news

Source: panews

2026-03-19 05:24:56

ETH-3,38%

Gate News reports that on March 19, Onchain Lens monitoring shows that since March 10, four wallets suspected to belong to the same entity spent 187.31 million USDT to buy 86,268 ETH, with an average purchase price of $2,171.

Historical transaction records indicate that over a year ago, these wallets sold 53,799 ETH at a price of $3,578, earning 192.47 million USDT. Further investigation reveals that these wallets received ETH from ShapeShift 10 years ago, which Arkham AI marked as “Erik.” Analysts believe these four wallets may also control other wallet addresses.

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