Dearest readers, one cannot help but chuckle at the recent ballet of financial elegance performed by an Ethereum Foundation-linked wallet. Oh, what a spectacle! Just when the market was basking in the glow of a splendid rally, this particular wallet decided to take a bow and sell a mere 2,400 ETH at the princely sum of $4,602 each. And if that weren’t enough, it had the audacity to offload another 1,695 ETH for a cool $7.72 million in DAI, a mere few hours prior. How utterly divine!
This wallet, a veritable treasure chest, originally received a staggering 20,756 ETH from the Foundation’s illustrious “EF 1” address back in the quaint year of 2017. One can only imagine the tea parties and garden fetes such wealth could fund. But alas, these transactions are merely part of the Foundation’s rather mundane, yet essential, treasury and funding strategy. They support the oh-so-necessary operations, grants, and the ever-so-vital ecosystem development. How thrillingly responsible!
And as we sip our champagne and nibble on petit fours, let us not forget that Ethereum is currently trading near the dizzying heights of $4,600, a testament to the strong institutional interest and market momentum. One can almost hear the violins playing in the background as the market waltzes on. 🎵💼
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2025-08-13 08:24