After 9 years, Erik Voorhees's associated wallet reappears, exchanging 4619 ETH for BCH

AirdropHuntress · 2026-01-26T14:11:37+00:00

An Ethereum wallet that has been inactive for 9 years has recently become active again, completing a transaction to exchange 4619 ETH for 24950 BCH, amounting to $13.42 million. This move may reflect the holder's recognition of BCH and attention to market dynamics, reminding investors to pay attention to market signals from large wallet activities.

AirdropHuntress

2026-01-26 14:11:37

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Recently, a mysterious Ethereum wallet broke its long silence, attracting the attention of the crypto community. According to on-chain data analysis platform Lookonchain, this address 0x03b5 is suspected to be associated with well-known cryptocurrency industry figure Erik Voorhees. Once dormant for up to 9 years, this address has now reappeared in on-chain activity.

Large Transfer by the Mysterious Wallet

After reactivation, the wallet immediately took action, completing a significant asset transfer over the past two weeks. Specifically, this address exchanged 4,619 ETH for 24,950 BCH. Based on current market prices, this transaction involved approximately $13.42 million worth of ETH, demonstrating the holder’s trading boldness.

The Implication Behind Moving from ETH to BCH

Erik Voorhees’s decision to convert a large amount of ETH into BCH is not an arbitrary move in the crypto market. As a well-known supporter of Bitcoin Cash (BCH), this wallet’s transfer activity may reflect recognition of BCH’s long-term value or an expression of attitude toward the current market situation. Reappearing after years of silence and engaging in such transactions suggests that the holder may be closely observing market changes and seeking an optimal asset allocation opportunity.

This on-chain event serves as a reminder to investors that paying attention to the movements of large, long-dormant wallets can often reveal market signals and the trading intentions of seasoned players.

ETH2,07%

BCH0,11%

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