PANews reported on August 24 that the Ethereum Foundation address deposited 35,000 ETH to Kraken. Aya Miyaguchi, executive director of the Ethereum Foundation, posted on the X platform: "This is part of the Ethereum Foundation's fund management activities. The Ethereum Foundation has an annual budget of about $100 million, which is mainly composed of grants and salaries. Some recipients can only accept legal currency. For a long time this year, the Ethereum Foundation was told not to conduct any fund activities because the supervision is complicated and plans cannot be shared in advance. However, this ETH transfer transaction does not mean sales, and there may be planned and gradual sales in the future."