According to Odaily Planet Daily, according to data from the blockchain analysis platform Arkham, about three hours ago, an address possibly related to the Ethereum Foundation transferred more than 92,000 ETH, worth about US$290 million, after being dormant for 7 years.

Etherscan data shows that as of press time, the funds have not been moved from the recipient address, and it is unclear whether the Ethereum Foundation is responsible for these fund transfers.