A wallet associated with the Ethereum Foundation has just made a significant deposit, transferring 1,250 ETH (valued at $3.03 million) to Bitstamp.
Wallet Address: 0xa951a1bcbbd1bee2cc35cfd96dcf9d101e630c40
This wallet previously received 51,251 ETH (worth about $51K at the time) from another Ethereum Foundation-linked address, 0x5ed8cee6b63b1c6afce3ad7c92f4fd7e1b8fad9f. The recent deposit is part of a series of five major ETH transactions this wallet has conducted over the past seven years.
Currently, the wallet still holds 11,000 ETH, valued at approximately $26.7 million.
This move by a wallet tied to the Ethereum Foundation could be watched closely by the community, as such transactions often raise questions about market activity or foundation-related developments.
