TechFlow news, according to spotonchain data, over the past week three wallets associated with the Ethereum Foundation have actively offloaded $ETH. Two primary wallets of the Ethereum Foundation sold 200 $ETH at approximately $3,724 each, receiving 744,722 $DAI in return.
Since the beginning of 2024, they have sold 2,166 $ETH for a total of 6.21 million $DAI, typically doing so just before price declines.
About three days ago, wallet 0xdb3 deposited 15,255 $ETH (worth $55.6 million) to Kraken at a price of $3,648 per ETH. The $ETH in this wallet originally came from Ethereum Foundation wallets and participants of the Ethereum ICO.
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