A whale, suspected to be Erik Voorhees, bought approximately 114,000 ETH in the early hours of the morning.

CoinFeed reported on March 21 that, according to on-chain analyst Yu Jin, a whale suspected to be Erik Voorhees engaged in "dollar-cost averaging" purchased 114,424 ETH in the early morning, equivalent to approximately 30.72 million USDT. He has now purchased 117,800 ETH on-chain through 6 wallets, spending 253 million USDT, at an average purchase price of $2,149.