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May 08, 08:23

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Ethereum Foundation moved ETH out to a middle multisign

Total tokens transferred

Token ETH

1K

ETH

Ethereum Foundation just transferred 1,000 ETH ($3M) to middle multisign 0xbc9:

 

Notably, since the start of 2024, the Ethereum Foundation has transferred 5,000 ETH, including the 1,000 ETH above, to the multisign 0xbc9. Among those tokens, 1,766 ETH has been sold for 4.81M DAI at $2,725 on average, often ahead of a price drop.

 

Currently, the multisign 0xbc9 still holds 2,508 ETH ($7.51M). Watch out to see if the Ethereum Foundation will sell more ETH via this multisign soon.

 

Fig 1. The Ethereum Foundation has sold 1,766 ETH for 4.81M DAI at $2,725 on average since January 2024 via multisign 0xbc9.

#ethereum foundation
#eth
#ethereum
#move out