đđEthereum Foundation Sent 84,211 ETH to New Address: Could Be a Donation! đđ
According to data provided by the on-chain analysis platform Arkham, Ethereum$ETH
The Foundation sent 84,211 ETH to the â0x26âŠ19cdâ wallet on September 19. Analysts stated that this transfer was most likely made for donation purposes. The foundation had previously made similar donations and made statements about them.
Wu Blockchain suggested that this transfer could have been made to a cryptocurrency project called Edge City. Edge City aims to be a social incubator that acts as a laboratory for experimenting with new ideas, technologies, cultures and organizations.
Analysts emphasize that such donations will contribute to the overall development of the Ethereum network and the strengthening of its ecosystem in the long term. Financial support, especially from large organizations and foundations, allows innovation to accelerate in the cryptocurrency world.
Ethereum, which has gained 5.5% in the last 24 hours, is trading at $2,556 at the time of writing.
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