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The Ethereum Foundation transferred 35,000 ETH to CEX 7 hours ago, valued at approximately 94.07 million USD

The Ethereum Foundation transferred 35,000 ETH to CEX 7 hours ago, valued at approximately 94.07 million USD

Bitget2024/08/24 01:22

According to on-chain analyst Yu Jin, the Ethereum Foundation transferred 35,000 ETH (worth $94.07 million) into CEX seven hours ago. Their last transfer of ETH to CEX was on May 6th last year when they moved 15,000 ETH (worth $30.1 million) into CEX. Following that transfer, the value of ETH fell by 13% ($2,006→$1,740) over the next six days.

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