Altcoin giant Ethereum $2,448.19behind Ethereum FoundationIn the last 30 days, a total of 9 thousand ETH (approximately 22 million dollars) to a single wallet attracted attention. Today, a thousand ETH (2.45 million dollars) transfer was realized. The fact that the “0xc061” address chosen by the Foundation has a multiple signature infrastructure with Gnosis Safe Proxy suggests that funds are divided into external projects instead of being sold. In the same period, the Spot Ethereum ETFs were 13 thousand 642 ETH (33.2 million dollars) on a daily basis.
Mysterious ETH transfers of the Ethereum Foundation
Blockchain In -In -Analysis Platform LookonchainThe Ethereum Foundation’s 30 -day period of transfer chains has demonstrated. The total number of assets in the wallet with a thousand ETH shipment on June 26 reached 9,000 ETH. The transactions did not produce sales pressure because they took place in the main network of Ethereum and did not directly turn to the stock market wallets.
The target wallet associated with Gnosis Safe Proxy provides multiple signature security and offers strong capital management. The foundation is known for providing grants to young teams in the past. The safety structure of the wallet indicates that these assets are prepared for grant or ecosystem investment.
Parallel to this, the foundation, the founding partner of Tornado Cash Roman StormIt provides financial support to the judicial process of the US. Ethereum’s founding partner Vitalik Bodter has doubled the community funds by announcing that the foundation made “donation preparation”. Thus, ETH assets are used not only for technical development but also for the legal struggle.
Latest situation in Ethereum ETFs
Spot Ethereum ETF13 thousand 642 ETH NET INTRODUCTION on June 26th. This corresponds to 33.2 million dollars. The star of the last trading day was the ETF of Blackrock, which collected 22 thousand 698 ETH. Fidelity’s ETF was out of ETH. Blackrock increases its share in the market with 1.74 million ETHs (4.24 billion dollars).
On the price side ETH Coinafter a decrease of 3.7 percent during the day, 1.62 percent recovered and settled to 2 thousand 440 dollars.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
