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Ethereum Foundation-Linked Address Sells Another 1100 ETH
Summary: According to Onchain Lens monitoring, an Ethereum Foundation-linked address starting with 0xf39d has once again sold 1100 ETH. Over the past 3 days, the address has sold a total of 7,294 ETH at an average price of $4558, with a total value of approximately $33.25 million. Additionally, they have transferred 16,000 ETH (around $71.45 million) ...
According to Onchain Lens monitoring, an Ethereum Foundation-linked address starting with 0xf39d has once again sold 1100 ETH. Over the past 3 days, the address has sold a total of 7,294 ETH at an average price of $4558, with a total value of approximately $33.25 million. Additionally, they have transferred 16,000 ETH (around $71.45 million) and 6 million DAI to a new wallet. Regarding the ownership of this whale address, Ethereum Foundation's co-executive director Hsiao-Wei Wang stated that the selling activity is not conducted by the foundation. In the 2014 ICO, around 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, over the next 10 years, numerous addresses related to the Ethereum Foundation may be discovered.
