PANews August 14 news, Ethereum Foundation co-executive director Hsiao-Wei Wang tweeted that the 2794.87 ETH sold by the Ethereum Foundation associated address pointed out by monitoring agencies yesterday does not belong to the Foundation's operations. As early as the 2014 ICO, about 9% of the ETH supply was allocated to the Ethereum Foundation (EF); today, the Ethereum Foundation's share is less than 0.3% of the total supply. Therefore, after 10 years, you may find a large number of addresses associated with the Ethereum Foundation.

Yesterday's news reported that the Ethereum Foundation associated address sold a total of 2794.87 ETH within two hours.