ChainCatcher news, Ethereum Foundation co-executive director Hsiao-Wei Wang stated that the address that sold 2794.87 ETH yesterday is not operated by the foundation. She mentioned that approximately 9% of the ETH supply was allocated to the foundation during the 2014 ICO, and currently, the foundation holds less than 0.3% of the total supply, so there may be a large number of addresses associated with the foundation over the past decade.

Previously, it was reported that the Ethereum Foundation associated address just sold another 1100 ETH, with a total sale value of 12.78 million USD in just two hours.