According to information shared by Spot On Chain, three wallet addresses associated with the Ethereum Foundation have sold 15,455 ETH in the past week.
Reportedly, the Ethereum Foundation’s two main wallet addresses sold 200 ETH at around $3,724 and exchanged them for 744,722 DAI. Since the beginning of 2024, they have sold 2,166 ETH for 6.21 million DAI. It is worth noting that the Ethereum Foundation’s sales typically occur before a general market price drop.
On the other hand, the wallet address starting with 0xdb3 deposited 15,255 ETH (about $55.6 million) to Kraken at a price of $3,648 approximately 3 days ago. The ETH in this wallet address primarily comes from Ethereum Foundation wallets and Ethereum ICO participants.
Successful Conclusion of CoinEx Taiwan’s 7th Anniversary Celebration, Embracing the Arrival of the Web3 Era Hand in Hand with Users
Since its establishment in 2017, CoinEx has been a professional cryptocurrency trading pla…