TechFlow news, October 22: According to monitoring by analyst Yujin, the Ethereum Foundation transferred 160,000 ETH (worth $654 million) from its main wallet to an address starting with "0xc06" seven hours ago. There has been no further action for now.
Over the past four months, several large outflows from the Ethereum Foundation originated from addresses starting with "0xc06": 7,000 ETH in operating funds sent to nonprofit development organization Argot Collective, 10,000 ETH sold OTC to SharpLink, and 10,000 ETH transferred to Kraken for sale.




