Ethereum Foundation Wallet Takes Action: $2 Million in Transactions

The Ethereum Foundation has mobilized more than 2,000 ETH in the past two weeks.

According to the post of Blockchain analysis platform Spot On Chain, Ethereum Foundation launched a multi-signature wallet at noon today. 1,000 ETH Sent ($2.05 million).

Ethereum Foundation (EF) thus sent a total of 2,066 ETH to two multi-signature wallets in the last 11 days.

According to Etherscan data, the Ethereum Foundation still has 314,273 ETH in its wallet.

The non-profit Ethereum Foundation, which works to develop the Ethereum ecosystem, spent approximately $48 million on expenses such as grants and sponsorships throughout 2021.

Spot on Chain to share According to EF, only 50.23 of the ETHs it mobilized in the last two weeks, per unit 100,100 USDC from $1,993 He sold it in return.


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