Hsiao-WeiWang, co-executive director of the Ethereum Foundation, posted on social media, "The address where 2794.87 ETH was sold yesterday was not operated by the foundation. In the 2014 ICO, about 9% of the ETH supply was allocated to the Ethereum Foundation. Today the ETH supply held by the Ethereum Foundation is less than 0.3% of the total supply. So after 10 years, you may find a large number of addresses associated with the Ethereum Foundation."
Yesterday, Lookonchain monitored that an Ethereum Foundation address had sold 2794.87 ETH (worth $12.78 million) in the past two hours, with an average selling price of $4574.4.
Ethereum Foundation: The address where 2,794 ETH were sold yesterday does not belong to the foundation
2025-08-14 01:27:34
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