On-chain data shows that ShapeShift founder Erik Voorhees has recently made a major move again. He deposited 1,635 ETH into the THORChain protocol, with this asset valued at approximately $4.81 million, aiming to exchange it for BCH.
This is not Voorhees' first large on-chain transaction. As the founder of a well-known self-custody wallet and DEX aggregator platform, his trading activities have always been closely watched by market observers. This time, choosing to perform cross-chain swaps via THORChain reflects the application scenarios of such decentralized cross-chain protocols in large transactions.
In terms of transaction size, a single swap operation worth nearly $5 million is enough to attract attention in the Web3 world. The choice of ETH to BCH is also quite interesting—exchanging between these major tokens often indicates participants' reallocation considerations among different assets.
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MetaverseVagabond
· 7h ago
Voorhees is still playing these, I see he's really optimistic about BCH.
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AirdropHunter420
· 7h ago
Hey, that guy Voorhees is up to something big again... Why is he still messing with BCH?
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AirdropHarvester
· 7h ago
Damn, 1635 ETH just like that? The big shot is optimistic about BCH, I also need to consider whether to follow the trend.
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RugpullAlertOfficer
· 7h ago
5 million USD for BCH? Are the big players optimistic about Bitcoin Cash? Or are they just trying to test the depth of THORChain?
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PanicSeller
· 7h ago
Ah... it's Voorhees again, moving. Swapping ETH for BCH? Looks like the big shots are also reconfiguring their strategies.
On-chain data shows that ShapeShift founder Erik Voorhees has recently made a major move again. He deposited 1,635 ETH into the THORChain protocol, with this asset valued at approximately $4.81 million, aiming to exchange it for BCH.
This is not Voorhees' first large on-chain transaction. As the founder of a well-known self-custody wallet and DEX aggregator platform, his trading activities have always been closely watched by market observers. This time, choosing to perform cross-chain swaps via THORChain reflects the application scenarios of such decentralized cross-chain protocols in large transactions.
In terms of transaction size, a single swap operation worth nearly $5 million is enough to attract attention in the Web3 world. The choice of ETH to BCH is also quite interesting—exchanging between these major tokens often indicates participants' reallocation considerations among different assets.