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The Ethereum Foundation has transferred 10,000 ETH prepared for sale to Kraken.
According to BlockBeats news on September 3, on-chain analyst Yu Jin monitored that the Ethereum Foundation announced it plans to sell 10,000 ETH through CEX in the coming weeks of September for research and donation funding. The 10,000 ETH (worth $42.7 million) intended for sale was transferred to Kraken 10 minutes before their announcement. The last time the foundation sold ETH was 2 months ago (July 11): at that time, they sold 10,000 ETH (worth $25.73 million) to SharpLink at a price of $2,572 through OTC.