Ethereum Foundation Transfers 1,000 ETH to Wallet 0xc061, Marking Significant Transactions on May 30

In a recent update from COINOTAG News dated May 30, the **Ethereum Foundation** has executed another significant transfer of **1,000 ETH**, valued at approximately **$2.61 million**, to the wallet address **0xc061**. This is noteworthy, as just three days prior, the same wallet also received a comparable transfer of **1,000 ETH** from the Foundation. These transactions are closely monitored by the crypto community, reflecting strategic movements within the **Ethereum** ecosystem. Such transfers often signal the **Foundation’s** ongoing efforts to support development initiatives or liquidity within the market. Investors and analysts alike should pay attention to these developments, as they can influence **market dynamics** and further bolster confidence in **Ethereum’s** long-term viability.