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The Ethereum Foundation transferred 1,000 ETH to a multi-signature address starting with 0xbC9 1 hour ago

The Ethereum Foundation transferred 1,000 ETH to a multi-signature address starting with 0xbC9 1 hour ago

Bitget2024/05/08 10:03

PANews reported on May 8 that on-chain analyst Yu Jin tweeted that one hour ago, the Ethereum Foundation transferred 1,000 $ETH ($3M) to the 0xbC9...bC3 multi-signature contract address.

According to previous situations, these ETH will be sold in batches and converted into DAI before being transferred to the Ethereum Foundation's funding wallet (0x9eE...13D).

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