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ETH 6X Surge Months After Ethereum Foundation Sale

ETH 6X Surge Months After Ethereum Foundation Sale

On August 23, 2024, the Ethereum Foundation transferred 35,000 ETH (~$96 million) to Kraken, fueling market speculation. According to Arkham Intelligence, a blockchain tracing organization, the price of Ethereum increased by more than 500% in the months following a massive ETH sale by the Ethereum Foundation. However, it is impossible to predict what will happen […]