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

2025.10.22 08:16:18

On October 22nd, as monitored by EmberCN, the Ethereum Foundation transferred 160,000 ETH (valued at $6.54 billion) from its main wallet to an address beginning with "0xc06" 7 hours ago. Currently, no further actions have been taken. In the past 4 months, several large transfers out of the Ethereum Foundation have all originated from an address starting with "0xc06": 7,000 ETH was transferred to the non-profit development organization Argot Collective for operational funds, 10,000 ETH was sold over-the-counter to SharpLink, and 10,000 ETH was transferred to Kraken for sale.
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