According to spotonchain data, three wallets associated with the Ethereum Foundation have actively unloaded $ETH in the past week. The two main wallets of the Ethereum Foundation sold 200 $ETH at a price of approximately US$3,724 in exchange for 744,722 $DAI.
Since the beginning of 2024, they have sold 2,166 $ETH for 6.21 million $DAI, often just before a price drop.
Wallet 0xdb3 deposited 15,255 $ETH ($55.6 million) to Kraken about 3 days ago for $3,648. The $ETH in this wallet ultimately came from the Ethereum Foundation wallet and Ethereum ICO participants.
