TechFlow news, July 11 — According to on-chain analyst EmberCN (@EmberCN), ETH transferred by the Ethereum Foundation recently appears intended for selling. Two hours ago, it sold 1,210 ETH at $2,889.5 per ETH, receiving 3.496 million USDC.
Over the past month, the Ethereum Foundation has moved 21,000 ETH to address 0xc06; six days ago, this address transferred 7,000 ETH to address 0x247. Today, the 0x247 address sent 1,210 ETH to address 0x340 for sale, and the resulting USDC has been transferred back to the 0x247 address.




