{"id":76380,"date":"2026-03-16T04:01:31","date_gmt":"2026-03-16T04:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=76380"},"modified":"2026-03-16T04:01:31","modified_gmt":"2026-03-16T04:01:31","slug":"bitcoin-og-scoops-up-nearly-50-million-in-ethereum-after-1-year-break-whats-driving-the-bet","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=76380","title":{"rendered":"Bitcoin OG Scoops Up Nearly $50 Million In Ethereum After 1-Year Break \u2014 What&#8217;s Driving The Bet?"},"content":{"rendered":"<div>\n<p><strong>Bitcoin <\/strong><a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) <a href=\"https:\/\/www.benzinga.com\/news\/25\/04\/44761598\/bitcoin-pioneer-erik-voorhees-wonders-why-bitcoiners-are-becoming-protectionists-just-because-a-politician-said-itd-help-the-economy\">veteran <\/a>and <strong>ShapeShift <\/strong>founder <strong>Erik Voorhees<\/strong>\u00a0bought <strong>Ethereum <\/strong><a class=\"ticker-link\" data-ticker=\"ETH\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/ETH-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) on Sunday after a year-long trading pause, snapping up tens of millions worth of the second-largest cryptocurrency.<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin Pioneer\u2019s Ethereum Play<\/h2>\n<p>On-chain tracking firm Lookonchain reported that Voorhees used over $49 million in <strong>Tether <\/strong><a class=\"ticker-link\" data-ticker=\"USDT\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/USDT-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">USDT<\/a>) to acquire 23,393 ETH at an average price of $2,098 through two wallets. The latest purchases increased his overall ETH holdings across the two wallets to $41.17 million.<\/p>\n<p>Voorhees still holds over $26 million in USDT at the time of writing.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Erik Voorhees(<a href=\"https:\/\/twitter.com\/ErikVoorhees?ref_src=twsrc%5Etfw\">@ErikVoorhees<\/a>), an early <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> supporter and founder of ShapeShift, is buying ETH like crazy after a one-year break!<br \/><br ...><\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/03\/51260905\/bitcoin-og-scoops-up-nearly-50-million-in-ethereum-after-1-year-break-whats-driving-the-bet?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bitcoin\" og scoops up nearly million in ethereum after break what driving the bet>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) veteran and ShapeShift founder Erik Voorhees\u00a0bought Ethereum (CRYPTO: ETH) on Sunday after a year-long trading pause, snapping up tens of millions worth of the second-largest cryptocurrency. Bitcoin Pioneer\u2019s Ethereum Play On-chain tracking firm Lookonchain reported that Voorhees used over $49 million in Tether (CRYPTO: USDT) to acquire 23,393 ETH at an average [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-76380","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/76380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76380"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/76380\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}