Based on the search results, Erik Voorhees has been involve…
Based on the search results, Erik Voorhees has been involved in several significant cryptocurrency transactions recently:
In December 2024, Voorhees sold 6,581 ETH valued at $27.38 million, following an earlier sale on December 6, 2024, where he sold 7,807 ETH for $31.27 million^2^.
More recently in 2025, Voorhees reportedly converted his entire Tether (USDT) holdings into 117,814 Ethereum (ETH), a transaction valued at approximately $251.6 million^4^. This was followed by a significant repurchase of Ethereum after selling a large stake roughly one year ago. According to on-chain data, Voorhees repurchased 9,911 ETH for $20.38 million at an average price of $2,057^7^.
Additionally, onchain analysts reported that Voorhees appears to have acquired roughly $56.5 million worth of ETH over a weekend in 2025, though this activity has not been publicly confirmed by Voorhees himself^9^.
He also diversified with $23.7 million in tokenized gold (XAUT and PAXG)^3,6^.
Most recently in December 2025, a wallet possibly linked to Erik Voorhees swapped 4,619 ETH ($13.42M) for 24,950 BCH after being dormant for 9 years^10^.
These transactions indicate that Voorhees has been actively managing his cryptocurrency portfolio with significant sales and purchases throughout 2024-2025.
I'm guessing Erik saw Venice generating new users and greater income.
Bought the VVV price dip in the knowledge that if he owned most of the supply he would collect most of the staking rewards while token burns would deplete the circulating supply.
If Erik has no need or plan to sell his VVV position he need only ensure Venice AI continues on it's current trajectory to make bank Billy in the future
Monthly VVV token burns are reportedly $170,000 at this time
Presumably Venice could burns more if they wanted
Erik Voorhees make have created his own number go up flywheel