The Ethereum Foundation transferred 1,000 ETH ($2.38M) to a multi-signature wallet "0xbC9a" five hours ago.

Based on previous transactions, this multi-signature wallet is expected to transfer the ETH to wallet "0xd779" and swap it for DAI.

Address: 0xde0B295669a9FD93d5F28D9Ec85E40f4cb697BAe.

This pattern indicates a strategy for converting Ethereum holdings into stablecoins, likely as part of asset management or operational funding strategies.

$ETH