Ethereum Foundation Deposits 35K ETH to Kraken Amid Market Downturn | Flash News Detail | Blockchain.News
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8/28/2024 7:52:02 AM

Ethereum Foundation Deposits 35K ETH to Kraken Amid Market Downturn

Ethereum Foundation Deposits 35K ETH to Kraken Amid Market Downturn

According to @lookonchain, the Ethereum Foundation deposited 35,000 ETH (valued at $94.07 million) to Kraken 5 days ago when the price was $2,688. The price has since dropped to $2,450, marking an 8.8% decline. This move is consistent with the Foundation's history of selling near market peaks; since January 1, 2021, they have sold a total of 239,000 ETH worth $654 million.

Source

Lookonchain

@lookonchain

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