COINOTAG News, December 9th, reports via LookIntoChain that an address starting with 0x9D1c deposited 5,748 ETH (≈$17.89 million) to Kraken about 50 minutes ago. On-chain tracking shows these funds originated from the Ethereum Foundation. The move, visible on public ledger, highlights ongoing on-chain liquidity activity and the role of blockchain analytics in tracing large ETH transfers. While the exact purpose remains undisclosed, the timing and scale could reflect treasury management or rebalancing as funds shift between a custody solution and a centralized exchange. The incident underscores continued Ethereum ecosystem flows and the evolving dynamics of exchange-facing asset movements, a pattern frequently monitored by traders and investors seeking real-time crypto news context.