Ethereum Foundation Monetizes Market Momentum for $11 Million Cash Out on Kraken

Large early Ethereum holders continue to monetize the network's historic success, carefully taking advantage of local waves of market optimism. Two wallets directly linked to the Ethereum Foundation transferred 4,393 ETH (approximately $11.1 million) to the Kraken exchange. This transaction is not an impulsive move but part of a carefully planned 10-year strategy. Over the past decade, a total of 49,751 ETH has been sent from these addresses to exchanges.

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