Ethereum Foundation Surprised with a $64 Million Transaction!

Ethereum (ETH) Foundation attracted attention with its $64 million purchase transaction.

A cryptocurrency analyst with the pseudonym ai_9684xtpa included the Ethereum Foundation's $64 million transaction. In the statement made by the analyst based on on-chain data, it was stated that the Ethereum Foundation received 18,089 ETH worth $64 million on June 16.

While the analyst described this purchase as an “indirect purchase”, the data provided by Arkham confirmed that the wallet in question belonged to the Ethereum Foundation.

The address that made the purchase and was confirmed to belong to the Ethereum Foundation was recorded as “0x8e…D052”.

For a long time they were just selling

Ethereum Foundation has been on the agenda in recent months by making continuous sales-oriented moves. However, this buy-side transaction, made after a long time, was enough to give investors morale.

The foundation last week sold 200 Ethereum for 744,222 DAI at a price of $3,724.

According to CoinGecko data, Ethereum, which has increased by 0.1% in the last 24 hours, is traded at $ 3,550 at the time of writing.