TechFlow reported, according to data from blockchain analytics platform Arkham Intelligence, a wallet address suspected to be associated with the Ethereum Foundation transferred approximately 92,500 ETH worth around $290 million on July 25. These funds had been dormant for seven years. According to Etherscan data, as of press time, the funds have not yet moved further from the receiving address. It remains unclear whether the Ethereum Foundation actually conducted this transaction.
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