According to the source, ShapeShift agreed to a $750,000 settlement related to U.S. sanctions violations, underscoring ongoing regulatory scrutiny on crypto exchange compliance; source: X post dated 2025-09-23. This development fits a continuing OFAC enforcement pattern that previously saw settlements with Kraken for $362,158 in 2022, Bittrex for $24.3 million in 2022, and BitPay for $507,375 in 2021; sources: U.S. Department of the Treasury, Office of Foreign Assets Control press releases dated 2022-11-28, 2022-10-11, and 2021-02-18. Trading takeaway: headline risk around sanctions compliance can influence exchange-related assets and liquidity conditions, so monitor market depth, spreads, and funding rates around regulatory announcements; source: U.S. Department of the Treasury, OFAC enforcement history cited above.

According to @OnchainLens, a whale deposited 1,400 ETH (about USD 6.63M) to Kraken and is up roughly USD 102M on the position. According to @OnchainLens, the address originally acquired 24,959 ETH for about USD 258K from Kraken and ShapeShift nine years ago and still holds 13,477 ETH (about USD 64.52M). According to @OnchainLens, 877 ETH from the holdings is in another wallet.

According to @lookonchain, Erik Voorhees sold 6,581 ETH for $27.38M at a price of $4,161 on Aug 9, 2025 (source: @lookonchain). According to @lookonchain, Voorhees received 14,945 ETH from ShapeShift nine years ago when ETH traded at $7.74, valued at $115.6K then and $62.68M at current levels (source: @lookonchain). According to @lookonchain data, the 6,581 ETH sold equals roughly 44% of the 14,945 ETH previously received (source: @lookonchain). According to @lookonchain, his prior ETH sale occurred on Dec 6, 2024 (source: @lookonchain). According to @lookonchain, the move realized $27.38M of supply at the $4,161 level, and ETH’s price change from $7.74 to $4,161 represents about a 537x increase over the period (source: @lookonchain).

According to @EmberCN, an early ETH whale that accumulated 14,945 ETH via ShapeShift in 2016 at $7.7 has sold ETH again today after a prior sale in December 2024, with both sales executed above $4,000, source: @EmberCN on X, Aug 9, 2025. The source specifies the address received 14,945 ETH in 2016 valued around $115,000 at the time, sold in December 2024 at about $4,005, and sold again today above $4,000, source: @EmberCN on X, Aug 9, 2025. For traders tracking on-chain supply, the address’s realized distribution has occurred when ETH traded above the $4,000 level on both occasions, source: @EmberCN on X, Aug 9, 2025.

According to @EmberCN, a whale or institution that held Ethereum for 8 years recently transferred 34,000 ETH, valued at $67.18M, to Coinbase. The entity realized a 44x return, amounting to a profit of $65.68M. The ETH was originally accumulated in March 2017 via @bitfinex, @Changelly_team, and @ShapeShift when the price was just $44 per ETH.

According to EmberCN, an early Ethereum whale who accumulated 21,636 ETH at $6.9 each in 2016 has sold 10,485 ETH for $27.53 million over the past five days. Initially, the whale withdrew the ETH from ShapeShift and Poloniex in 2016, when the total value was only $149,800. The whale remained dormant until May this year, when they began selling ETH at $2,980.

According to @EmberCN, an ancient whale who received 16,636 ETH from ShapeShift at $5.23 per ETH in February 2016 has started selling after holding for 8.5 years. Four hours ago, the whale transferred 16,636 ETH worth $39.62M to address 0xe3e...566 and sold 350 ETH at $2,340 each.