CoinVoice has learned that, according to Onchain Lens monitoring, an Ethereum Foundation associated address starting with 0xf39d has sold 1,100 ETH again.
In the past 3 days, this address has sold 7,294 ETH at an average price of $4,558, with a total value of approximately $33.25 million. Additionally, they transferred 16,000 ETH (approximately $71.45 million) and 6 million DAI to a new wallet.
Regarding the ownership of this whale address, Hsiao-Wei Wang, co-executive director of the Ethereum Foundation, stated that the selling behavior of this address is not an operation of the foundation. During the ICO in 2014, about 9% of the ETH supply was allocated to the Ethereum Foundation. Now, the ETH supply held by the Ethereum Foundation accounts for less than 0.3% of the total supply. Therefore, after 10 years, it may be possible to find a large number of addresses associated with the Ethereum Foundation. [Original link]
