The world’s second-largest cryptocurrency Ethereum (ETH) has been under selling pressure as the approval of spot Ether ETFs turns out to be a sell-the-news event. Interestingly, the Ethereum foundation wallets have been moving a large number of ETH this week.
Ethereum Foundation Wallet Moves 92,500 ETH
As per data from Lookonchain, an Ethereum Foundation wallet has transferred 92,500 ETH worth a staggering $294.9 million to another new wallet for the first time in nearly 6.6 years. On-chain tracking shows that the wallet received ETH tokens for the first time from the Ethereum Foundation on September 1, 2015. this move has drawn strong attention from the community showing the strong strategic management of the Ethereum foundation.
An #EthereumFoundation-related wallet transferred 92,500 $ETH($294.9M) to a new wallet 9 hours ago after being dormant for 6.6 years.
Through on-chain tracking, it was found that these $ETH were received from the #EthereumFoundation on Sept 1, 2015.https://
We współpracy z: https://coingape.com/ethereum-foundation-moves-92500-eth-ether-etf-outflows-surge/
