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Early Bitcoin supporter and ShapeShift founder @ErikVoorhees appears to be accumulating tokenized gold again after a brief pause.
Since January 31, he has reportedly created 28 new wallets and spent about $23.76 million purchasing 2,834 Tether Gold ( $XAUT ) worth $13.78M and 2,019 PAX Gold ( $PAXG ) worth $9.97M, at an average price of roughly $4,896 per tokenized ounce.
With gold prices moving higher since those purchases, the position is currently showing an unrealized profit of about $513,000.
Some of the wallets associated with this accumulation include 👇
0xE68d531d8B4d035bf3F4BC2DaBb70f51FbB14E23, 02ACfB63962252b04F8fd06f55225813eF1e781, 0x229C35358c8f9A0aEF64327a5bf85A302c53095D, and 0x74C5870d876d3472ab388D39859Bb067dA68EE84, suggesting a deliberate strategy to distribute holdings across multiple addresses while building exposure to tokenized gold.