Ethereum Foundation to Sell 10,000 ETH via Kraken for $42.7M — Transferred Minutes Before Announcement

ETH

ETH/USDT

$2,127.12

+4.51%

$2,127.12

+4.51%

(24s)

24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short

69.8%

Long: 69.8%Short: 30.2%

Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,121.96

▲ 1.67%

Volume (24h): -

Resistance Levels

Resistance 3$2,577.98

Resistance 2$2,403.28

Resistance 1$2,234.29

Price$2,121.96

Support 1$1,994.75

Support 2$1,826.83

Support 3$1,157.44

Pivot (PP):$2,110.44

Trend:Downtrend

RSI (14):32.9

COINOTAG News reported on September 3, citing on-chain analyst Wu Jinyan, that the Ethereum Foundation announced an upcoming ETH sale of 10,000 ETH through a centralized exchange to fund research and donations. On-chain monitoring indicates the 10,000 ETH, valued at roughly $42.7 million, was moved to Kraken within ten minutes before the public statement.

The Foundation’s previous divestiture occurred on July 11, when it executed a 10,000 ETH disposal (≈$25.73 million) via an OTC trade to SharpLink. These disclosures reflect reported operational funding actions by the Foundation and provide transparent context for the current transfer and planned sale.

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