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According to Golden Finance, Spot On Chain monitoring data shows that in the past week, wallets associated with the Ethereum Foundation have actively sold ETH. Among them:
The Ethereum Foundation's two main wallets sold 200 ETH for 744,722 DAI at a price of about 3,724 each. Since 2024, they have sold 2,166 ETH for $6.21 million worth of DAI, often before the price drops.
·Wallet 0xdb3 deposited 15,255 ETH (worth $55.6 million) to Kraken at a price of $3,648 three days ago. The ETH in this wallet ultimately came from an Ethereum Foundation wallet and Ethereum ICO participants.