Data: An address associated with a certain Ethereum foundation has sold 1,100 ETH again

ChainCatcher news, according to Onchain Lens monitoring, the Ethereum Foundation associated address starting with 0xf39d has sold 1,100 ETH again.

In the past 3 days, this address has sold 7,294 ETH at an average price of $4,558, totaling approximately $33.25 million. Additionally, they have transferred 16,000 ETH (approximately $71.45 million) and 6 million DAI to a new wallet.

Regarding the ownership of this whale address, Hsiao-Wei Wang, the co-executive director of the Ethereum Foundation, stated that the selling behavior of this address is not an operation of the foundation. In the 2014 ICO, about 9% of the ETH supply was allocated to the Ethereum Foundation. Today, the ETH supply held by the Ethereum Foundation is less than 0.3% of the total supply. Therefore, after 10 years, it is possible to find a large number of addresses associated with the Ethereum Foundation.