According to Ai Yi's monitoring, Venice founder Erik Voorhees' associated address (0x3e68...Ef2f7) has recently purchased 1,624 ETH again, worth 3.36 million dollars.
Since then, the total amount of ETH accumulated by this address has increased to 121,929.46 ETH, with a total value of 249 million dollars and an average cost of 2,158.51 dollars. According to strategicethreserve data, this position has surpassed Mantle's 101,870 ETH, rising to seventh place among institutional ETH holdings.
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Latest Crypto Market Snapshot as of August 22, 2025 BTC Soars to $115,250.00 ETH Hits $4,450.75 XRP Climbs…

Global markets delivered mixed signals. Bitcoin and Ethereum strengthened as institutional flows into spot ETFs supported a recovery in crypto risk appetite, while the Robinhood ecosystem and NFT sector also remained active. In technology, NVIDIA continued to weaken ahead of its earnings release, with investors focused on AI returns, customer capital expenditure, and order execution. PDD Holdings saw significant volatility after reporting results, while Applied Optoelectronics came under pressure following its large equity financing announcement. Investors are also awaiting new rate-path signals from the Jackson Hole Economic Symposium.









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