There is a big drop, the air force wins! Are you happy?

🚨🚨🚨Shocking news!

🚨🚨🚨Big crash

🚨🚨🚨Is the big crash coming?

The Ethereum Foundation recently staged a "shocking move" and transferred a huge sum of 35,000 ETH worth $96 million to a wallet associated with the Kraken exchange! This move instantly detonated the cryptocurrency market, and the community speculated and the market trembled!

Hey guys, the recent wave of operations by the Ethereum Foundation has caused an uproar in the community! They actually transferred 35,000 ETH worth $96 million to a wallet associated with the Kraken exchange. The intention behind this is elusive! 🤔

However, the executives of the foundation are not idle, and they quickly came out to clarify: This is just daily fund management, don't guess! Executive Director Aya Miyaguchi explained that the foundation has an annual budget of about $100 million, which is mainly used to pay subsidies and wages. Moreover, some beneficiaries only accept legal tender, which is one of the reasons for the transfer!

However, the community's doubts are still rising one after another. A crypto lawyer bluntly said that although the foundation spends so much money every year, it seems to be a little short of promoting the value of Ethereum and the Ethereum network. Another big shot even directly criticized: What on earth do you spend so much money every year? The salary of the Geth team is so low, but they have made a lot of contributions!

Of course, some people think that the foundation's expenditure is reasonable. Polygon's chief information security officer believes that the annual expenditure of $100 million makes sense. But he also raised his own doubts: Why is the money mainly spent on tools rather than on-chain applications? Also, why doesn't the foundation pledge their $1 billion worth of ETH assets to make more extra money?

It seems that every expenditure of this foundation affects everyone's heart. But then again, their historical pattern of selling ETH at different price points is indeed a bit elusive. Is this transfer a signal of the market peak or a precursor to price surges? Let's wait and see! 👀