Ethereum Foundation-linked wallets send 4,393 ETH to Kraken
- —Two Ethereum Foundation-linked wallets transferred 4,393 ETH to Kraken
- —The transfer is valued at about $11.13 million
- —One wallet received 59,751 ETH from the foundation 10 years ago
- —Over a decade, 49,751 ETH went to Kraken at an average price of $658
Why it matters: Continued ETH selling by foundation-linked entities could add to downward pressure on the asset's price.
Source: PANews