Ethereum Foundation clarifies: Recent large ETH dumping is not an official operation.[Block Rhythm] On August 14, Hsiao-Wei Wang, the Co-Executive Director of the Ethereum Foundation, stated on social media, "The address that sold 2794.87 ETH yesterday does not belong to the Foundation's operations. In the ICO of 2014, about 9% of the ETH supply was allocated to the Ethereum Foundation. Today, the ETH supply held by the Ethereum Foundation is less than 0.3% of the total supply. Therefore, after 10 years, you may find a large number of addresses associated with the Ethereum Foundation."According to previous reports, monitoring yesterday indicated that a certain Ethereum foundation Address had cumulatively sold 2794.87 ETH (worth 12.78 million USD) in nearly two hours, with an average selling price of 4574.4 USD.

XRP-3.42%
SOL-3.32%
GT-2.81%
ETH-2.26%
BTC-2.43%
post-image
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-5fae87af
· 2025-10-05 01:44
Salam alaikum how are you i m fine
Reply0
GateUser-5fae87af
· 2025-08-15 02:00
good morning how are you I m fine
Reply0
GateUser-5fae87af
· 2025-08-14 03:22
salam o alkum how are you what are you doing today
Reply0
GateUser-5fae87af
· 2025-08-14 03:21
n
Reply0
GateUser-a0fde4fd
· 2025-08-14 02:58
Quick, enter a position! 🚗
View OriginalReply0
GateUser-8cec48af
· 2025-08-14 02:52
Just go for it💪
View OriginalReply0
GateUser-8cec48af
· 2025-08-14 02:51
Just go for it💪
View OriginalReply0
  • Pinned