TechFlow news, on August 14, Hsiao-Wei Wang, Co-Executive Director of the Ethereum Foundation, stated, "The address that sold 2,794.87 ETH yesterday is not operated by the Foundation. During the 2014 ICO, approximately 9% of the ETH supply was allocated to the Ethereum Foundation. Today, the Ethereum Foundation holds less than 0.3% of the total ETH supply. Therefore, after 10 years, you might find numerous addresses associated with the Ethereum Foundation."
Previously, it was reported that yesterday an address linked to the Ethereum Foundation sold 1,100 ETH at an average price of $4,602.1, worth about $5.06 million. Within two hours, this address sold a total of 2,794.87 ETH, valued at approximately $12.78 million, at an average selling price of $4,574.4.
