Ethereum Foundation's $100M ETH Move: What's the Buzz? đ
The Ethereum Foundation just sent a jaw-dropping 35,000 ETH (thatâs nearly $100M) to Kraken, and the crypto world is buzzing! People are wondering what this massive transfer is all about.
Aya Miyaguchi, the foundationâs executive director, stepped in to clear the air: itâs all for annual expenses like grants and salaries. But hereâs the twistâdue to some legal hurdles, they couldnât spill the details ahead of time. And no, this isnât a fire sale; itâs all part of a carefully planned strategy.
Stay tuned, crypto fam, because this is just the beginning!