Express

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.

Last Update:

Tags:
Link: Ethereum Foundation: Address that sold 2794 ETH yesterday does not belong to the foundation   [Copy]
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 10 hours ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 3 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 5 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 6 days ago
  • Trump Adviser's "Whale Debut" with $680M Bitcoin Bet Faces Early Losses 8 days ago
  • You need to login to comment.