During the market downturn, ShapeShift's mysterious whale bought the dip, investing $5.88 million to acquire 2,656 ETH.

BlockBeats News, May 18th, according to Onchain Lens monitoring, during the rapid market downturn, a ShapeShift whale entered the market with $5.88 million to buy the dip of 2656 ETH.

The whale now holds 129,667 ETH, worth $274.78 million.

It should be noted that this whale was previously thought to be associated with ShapeShift founder Erik Voorhees, but the latter has since come forward to deny it.