In the past week, wallets linked to the Ethereum Foundation sold ETH.
According to Spot On Chain, wallets associated with the Ethereum Foundation have actively sold ETH in the past week. Among them:
· The Ethereum Foundation's two main wallets sold 200 ETH for 744,722 DAI for about 3,724. Since the start of 2024, they have sold 2,166 ETH for $6.21 million in DAI, often before the price drops.
Wallet 0xdb3 deposited 15,255 ETH ($55.6 million) to Kraken for $3,648 three days ago, and the ETH for this wallet ultimately came from an Ethereum Foundation wallet and Ethereum ICO participants.