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Ethereum Foundation to Undertake Internal Transfer of 160,000 ETH, Valued at $654 Million

By: theblockbeats.news|2025/10/22 00:47:47

BlockBeats News, October 22nd, according to EmberCN monitoring, the Ethereum Foundation transferred 160,000 ETH (worth $6.54 billion) from the main wallet to an address starting with "0xc06" 7 hours ago, with no further action taken at the moment.

In the past 4 months, several large transfers out of the Ethereum Foundation have all come from an address starting with "0xc06": 7,000 ETH to the non-profit development organization Argot Collective for operational funds, 10,000 ETH over-the-counter sale to SharpLink, and 10,000 ETH transferred to Kraken for sale.

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