The Ethereum Foundation made a significant move by depositing 35,000 ETH ($93.86 million) to Kraken approximately 21 hours ago.
The transaction was made from the address 0xde0b295669a9fd93d5f28d9ec85e40f4cb697bae.
This marks their largest ETH transfer out in 2024 so far. Prior to this, the Ethereum Foundation had only occasionally sold a few hundred ETH on decentralized exchanges, totaling 2,516 ETH for 7.4 million DAI.
