
Foresight News|Sep 07, 2025 02:58
[A Wallet Associated with the Ethereum Foundation Transfers 4,000 ETH to a New Wallet After 9 Years of Inactivity]
According to Foresight News, monitored by Lookonchain, a wallet starting with 0x0F08 and associated with the Ethereum Foundation transferred 4,000 ETH (worth approximately $17.13 million) to a new wallet after 9 years of inactivity. This address had received 97,500 ETH from the Ethereum Foundation 10 years ago (then worth approximately $91,000, at about $0.93 per ETH) and deposited it into the Kraken exchange when ETH was priced at approximately $4.65.
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