The recent operation of the Ethereum Foundation has caused an uproar in the community! They actually transferred 35,000 ETH worth $96 million to a wallet associated with the Kraken exchange. The intention behind this is puzzling! 🤔

However, the executives of the foundation are not idle, and they quickly came out to clarify: This is just daily fund management, don't guess! Executive Director Aya Miyaguchi explained that the foundation has an annual budget of about $100 million, which is mainly used to pay subsidies and wages. Moreover, some recipients only accept legal currency, which is also one of the reasons for the transfer!