The wallets originally received 59,751 ETH from a foundation wallet 10 years ago when the asset was priced at $0.9. Over the last decade, the entities have moved a total of 49,751 ETH to Kraken at an average price of about $658 per token. This latest transaction further reduces the balance of those specific holdings.
Tuesday, October 20, 2026
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Ethereum Foundation Sends 4,393 ETH to Kraken after Moving 49,751 ETH Over a Decade
Crypto9 days ago
Two digital wallets associated with the network's endowment have shifted a fresh batch of tokens to a trading platform on Oct 12. These addresses, which are linked to the Ethereum Foundation, deposited 4,393 ETH, valued at approximately $11.13M, into the Kraken exchange, based on on-chain monitoring data. The transfer continues a long-term pattern of divestment by the foundation of its native assets.
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