Large ETH transfer exposed: Well-known Bitcoin supporter wallet cross-chain transferred 1635 ETH

2025-12-25 03:40:09

【Crypto World】On December 25th, on-chain data monitoring revealed a significant movement involving a wallet associated with early Bitcoin advocate Erik Voorhees—transferring 1,635 ETH to a new address, worth approximately $4.81 million at the time. Interestingly, this transfer also involved cross-chain bridging through Thorchain. Although some ETH was transferred out, the wallet currently still holds 4,004 ETH, with a total asset value of about $11.82 million. This transfer strategy seems to suggest that the holder is engaging in some form of asset rebalancing or risk management.

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OnlyOnMainnet

· 2025-12-27 02:31

4.81 million dollars directly cross-chain, this guy is really into transfering, and still keeping so much in hand... Is it risk management or does he have other plans?

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AirdropChaser

· 2025-12-25 04:10

48.1 million USD was just cross-chain transferred... The risk management actions of big players are beyond our understanding.

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LiquidityHunter

· 2025-12-25 04:07

4.81 million dollars just casually bridged across chains? I'm so annoyed. There must be a story behind this transfer of funds.

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TokenTaxonomist

· 2025-12-25 03:45

lmao thorchain bridge for 1.6k eth? that's statistically... a choice. per my analysis, dude's either doing some taxonomically questionable tax optimization or just paranoid about custodial risk. either way, keeping 4k eth after the dump screams "i know something" vibes ngl

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