The Ethereum Foundation-associated address is suspected of exchanging 100 ETH for approximately 257,400 DAI

PANews reported on October 23 that according to Arkham monitoring, in the past half hour, a related address suspected to be the Ethereum Foundation (0xd7...c1f4) transferred 100 ETH to the CoW Protocol. Subsequently, the address received approximately 257,400 DAI from the CoW Protocol and transferred these DAI to the address starting with 0x9eE marked as "Ethereum Foundation" on the chain.

It is reported that since the beginning of this year, the suspected Ethereum Foundation address (0xd7...c1f4) has sold ETH for DAI through Cow Protocol almost every week or every two weeks, and the amount is generally 50, 100 and 200 ETH.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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