Ethereum Foundation: Transfer of $654 million in ETH is a routine wallet migration
Jinse Finance reported that the Ethereum Foundation has transferred approximately 160,000 ETH (about $654 million) into a group of wallets previously used for selling ETH. On-chain analytics platform Arkham pointed out that these wallets have previously only made large transfers to a certain exchange, SharpLink Gaming, and a multi-signature address used for selling ETH. The Foundation's Co-Executive Director Hsiao-Wei Wang responded on social media, stating that this transfer is part of a planned wallet migration.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Blackstone (BX.US) injects up to $1.5 billion, providing fresh ammunition for Pfizer (PFE.US) in the weight-loss drug race
Pfizer announced on Wednesday that it has reached an agreement with Blackstone to obtain up to $1.5 billions in funding to support the development of its experimental monthly obesity treatment drug.
Bernstein Downgrades Nvidia Rating and Target Price
Google (GOOGL.US) DeepMind launches AlphaGenome 2: Capable of decoding DNA cells with nearly double the mutation identification capacity
Google DeepMind has released its AI model AlphaGenome 2, which is trained on maps of over 100 millions of cells and has nearly double the ability of its predecessor in identifying gene expression variations.
Crypto prices
More
