May 15, 2025

Ethereum Foundation and ICO Wallets Spark Concern with Multi-Million Dollar ETH Movements

1 min read

The Ethereum Foundation and public offering wallets have sparked concerns with their recent transactions. Data from on-chain analytics platform Spot On Chain indicates that wallets associated with the Ethereum Foundation and Ethereum pre-sale are offloading assets following a price rally. One wallet, identified as “0xdb3,” transferred $9 million worth of 2,631 ETH to the Kraken

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Source: CoinOtag

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