Ethereum Foundation's $100M ETH Move: What's the Buzz? 🚀
The Ethereum Foundation just sent a jaw-dropping 35,000 ETH (that’s nearly $100M) to Kraken, and the crypto world is buzzing! People are wondering what this massive transfer is all about.
Aya Miyaguchi, the foundation’s executive director, stepped in to clear the air: it’s all for annual expenses like grants and salaries. But here’s the twist—due to some legal hurdles, they couldn’t spill the details ahead of time. And no, this isn’t a fire sale; it’s all part of a carefully planned strategy.
Stay tuned, crypto fam, because this is just the beginning!