PANews reported on July 2 that according to Arkham monitoring, the address suspected to be related to the Ethereum Foundation (0xd7...c1f4) has just exchanged 100 ETH for 343,900 DAI through Cow Protocol. According to Spot On Chain, since January 2024, the Ethereum Foundation has sold 2,266 ETH in exchange for $6.56 million worth of DAI.
It is reported that since the beginning of this year, the suspected Ethereum Foundation address (0xd7...c1f4) has sold ETH for DAI through Cow Protocol almost every week or every two weeks, and the amount is generally 50, 100 and 200 ETH.
