DeFi· ★★· neutral·

Ethereum Foundation sends $2.45M in ETH to unlabeled wallet

  • The transfer was about $2.45 million in ETH
  • The recipient is an unlabeled Gnosis Safe multisig
  • The foundation has $235.46 million in ETH and $23 million in USDC remaining
Why it matters: Ethereum Foundation fund movements are traditionally seen by the market as a signal of possible ETH sales.
Source: PANews