Ethereum Foundation Moves 2,500 ETH to Bitstamp: A Deep Dive into Recent Transactions

On October 8, **COINOTAG** reported a significant transaction involving the Ethereum ecosystem. A wallet associated with the **Ethereum Foundation** transferred **2,500 ETH** to **Bitstamp**, valued at approximately **$6.06 million**. The transaction was flagged by **Lookonchain monitoring**, highlighting the continued movement of assets within the Ethereum network. This particular address has a history of substantial deposits, having received **51,251 ETH** from the Ethereum Foundation on **November 17, 2015**, which at the time was worth $51,200. Given today’s market conditions, that original amount has ballooned to a staggering **$124.5 million**. Such transactions underscore the **liquidity** and ongoing development within the **cryptocurrency space**, as institutions and foundations continue to engage with exchanges to manage their digital assets effectively.