Arkham monitoring shows that the Ethereum Foundation address 0x97…dE4B transferred 3,484,000 TKO tokens (approximately US$9.16 million) to the hot wallet of Bitcoin Suisse, an institutional-grade encryption service platform, at 16:25 (UTC+8) today.

The foundation address received these tokens from the Taiko mainnet on June 28 and then cross-chained to the Ethereum mainnet. #ETH🔥🔥🔥🔥