Ethereum-Linked Wallet Sells $33M ETH, Market Asks: Foundation’s Role?

A significant Ethereum sale totaling $33.25 million has raised eyebrows in the crypto community. The transaction involved an Ethereum Foundation-linked wallet (address 0xF39d) selling approximately 7,294 ETH at an average price of $4,558. However, it’s unclear if this sale directly reflects foundation involvement. While Hsiao-Wei Wang clarified that the Ethereum Foundation maintains numerous associated addresses, no direct connection has been confirmed.