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Ethereum Foundation-associated address suspected of selling 150 ETH, about $500,000

Ethereum Foundation-associated address suspected of selling 150 ETH, about $500,000

CointimeCointime2024/07/31 11:12
By:Cointime

Arkham monitoring showed that a suspected Ethereum Foundation related address transferred 150 ETH to CoW Protocol 15 minutes ago, and then received 49,725 DAI from CoW Protocol. Since the beginning of this year, the Ethereum Foundation associated address starting with 0xd7 has been selling ETH for DAI through Cow Protocol almost every week or every two weeks, with quantities generally being 50, 100, and 200 ETH.

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