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Ethereum Foundation Completes Partial Sell-off, Withdraws 3.387M DAI from CEX

2025.09.05 18:00:22

September 5th. Based on @EmberCN's monitoring, the Ethereum Foundation transferred 10,000 ETH to Kraken for sale the day before yesterday. 20 minutes ago, they withdrew 3.387 million DAI from Kraken. "This indicates that a portion of these 10,000 ETH has already been sold." BlockBeats previously reported that the Ethereum Foundation announced in a blog post that during the course of several weeks this month, they would be converting 10,000 ETH through a centralized exchange to continuously support development, grants, and donations. These conversions would be carried out through multiple small orders rather than completing a large transaction all at once.
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