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Sudden New ETH Shuffle by Ethereum Foundation Raises Big Question
In a recent unexpected move, the Ethereum Foundation has transferred 1,000 ETH, worth approximately $3.15 million, to a lesser-known address labeled “EF 2.” The recipient wallet now holds a total of 7,000 ETH, equivalent to around $22 million at today’s market rate.
Internal transfers between foundation-controlled wallets are not unusual, but this specific move raises questions about the foundation’s intentions for the next phase of adoption. This sudden new ETH shuffle comes amidst growing attention on wallet behavior, sparking speculation about upcoming deployments, grants, or liquidity planning.
It appears that Ethereum is back in the spotlight as its price has bounced back above $3,150, with corporate ETH holdings expanding significantly.
Source: u.today
