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Ethereum Foundation: Address that sold 2794 ETH yesterday does not belong to the foundation
Summary: According to a tweet, Hsiao-Wei Wang, co-executive director of the Ethereum Foundation, stated on social media that the address that sold 2794.87 ETH yesterday does not belong to the foundation. In the 2014 ICO, about 9% of the ETH supply was allocated to the Ethereum Foundation. Currently, the Ethereum Foundation holds less than 0.3% of ...
According to a tweet, Hsiao-Wei Wang, co-executive director of the Ethereum Foundation, stated on social media that the address that sold 2794.87 ETH yesterday does not belong to the foundation. In the 2014 ICO, about 9% of the ETH supply was allocated to the Ethereum Foundation. Currently, the Ethereum Foundation holds less than 0.3% of the total supply of ETH. Therefore, after 10 years, you may find a large number of addresses associated with the Ethereum Foundation. Yesterday, Lookonchain monitoring reported that a certain Ethereum Foundation address had sold a total of 2794.87 ETH (worth $12.78 million) in just two hours, with an average selling price of $4574.4.
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Link: Ethereum Foundation: Address that sold 2794 ETH yesterday does not belong to the foundation [Copy]