New Sudden ETH Shuffle by Ethereum Foundation Raises Big Question
2025-07-16 14:45:09
Main Idea
The Ethereum Foundation transferred 1,000 ETH (worth $3.15 million) to a lesser-known address labeled 'EF 2,' raising questions about its intentions amid Ethereum's growing corporate adoption and ecosystem changes.
Key Points
1. The Ethereum Foundation moved 1,000 ETH to an address ('EF 2') now holding 7,000 ETH (~$22 million), sparking speculation about its purpose.
2. Ethereum's price has rebounded above $3,150, with corporate ETH holdings expanding significantly.
3. SharpLink, a public company with Ethereum co-founder Joe Lubin on its board, holds more ETH (280,600) than the Ethereum Foundation (241,500).
4. 54 companies collectively control 1.6 million ETH (~$5 billion), indicating growing institutional involvement.
5. The transfer coincides with Ethereum's broader ecosystem developments, including partnerships with Deloitte and funding for ZK-based technologies.
Description
$22,000,000 ETH lands in mysterious wallet tied to Ethereum Foundation
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