Ethereum Co-Executive Director: Recent Sale of ETH Address is Not Owned by the Foundation

According to HashChain News, Hsiao-Wei Wang, Co-Executive Director of the Ethereum Foundation, tweeted that the address recently claimed by monitoring agencies to be associated with the Ethereum Foundation sold 2,794.87 ETH, and this action was not conducted by the Foundation. Back in the ICO period of 2014, about 9% of the ETH supply was allocated to the Ethereum Foundation; now, the share held by the Ethereum Foundation is less than 0.3% of the total supply. Therefore, after 10 years, you may find many addresses associated with the Ethereum Foundation. Yesterday's news indicated that the Ethereum Foundation associated address sold a total of 2,794.87 ETH within two hours.