The Ethereum Foundation has completed a non-market internal transfer of 1,000 ETH (valued between $3.6 million and $3.88 million) as part of standard treasury management operations.
The transaction occurred on July 18 between the Foundation’s own multisignature wallets, with no resulting market sell-offs or redistribution to exchanges. Ethereum’s price stability remained unaffected immediately following the transfer, maintaining a bullish trajectory above the $3,600 threshold.
Market analysts highlight that such controlled movements reflect institutional asset management best practices, reinforcing the Foundation’s commitment to financial prudence. All transferred ETH remains securely held in multisig wallets, upholding the organization’s reputation for operational transparency and treasury security.