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The Ethereum Foundation has transferred 10,000 ETH earmarked for sale to Kraken.

2025-09-03 07:49

BlockBeats News, September 3rd, according to on-chain analyst Wu Jinyu's monitoring, the Ethereum Foundation announced that in the upcoming weeks of September, they will sell 10,000 ETH through CEX for research and donation funding.


The 10,000 ETH earmarked for sale (worth $42.7 million) was transferred to Kraken within 10 minutes before they made the announcement.


The Foundation's last ETH sale was 2 months ago (July 11th): at that time, they sold 10,000 ETH (worth $25.73 million) at a price of $2,572 through OTC to SharpLink.

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