skip to Main Content
bitcoin
Bitcoin (BTC) $ 85,360.87 3.68%
ethereum
Ethereum (ETH) $ 2,322.86 6.42%
tether
Tether (USDT) $ 0.999103 0.00%
xrp
XRP (XRP) $ 2.20 4.23%
bnb
BNB (BNB) $ 612.53 1.73%
solana
Solana (SOL) $ 138.33 2.76%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.205986 2.22%
cardano
Cardano (ADA) $ 0.657175 3.94%
staked-ether
Lido Staked Ether (STETH) $ 2,321.51 6.46%

The Ethereum Foundation Sends 20 000 ETH ($95M) to Kraken

According to Etherscan, the Ethereum Foundation has once again sent tens of thousands of Ether to Kraken.

  • Etherscan recorded the transaction only hours ago at 2:56 PM UTC
  • The transaction shows an Ethereum dev sending a contract of 20 000 Ether to Kraken’s public address. That’s worth over $95 million at today’s prices.
  • A similar transaction took place on May 17th, when another developer sent 35 000 Ether to the exchange. Those were worth $112 million at the time.
  • The Ethereum Foundation is a non-profit organization that supports Ethereum and its developers. They provide both financial and non-financial support to the broader ecosystem and have sold Ether in the past to provide it.
  • According to blockchain analyst Colin Wu, the Foundation owned nearly 400 000 Ether as of May 21st.
  • Ethereum has broken numerous highs as of late and currently trades above $4 700. Citadel’s CEO even considers it superior to Bitcoin.
Loading data ...
Comparison
View chart compare
View table compare
Back To Top