Ethereum Foundation Moves 1000 ETH Worth $2.55M to Linked Address

The Ethereum Foundation's development team, EFDev, transferred 1000 ETH, valued at approximately $2.55 million, to a linked address on July 4, 2025. This address now holds a total of 16,000 ETH, with a market value of about $40.8 million. The transaction underscores the Ethereum Foundation's active asset management and its substantial influence in the cryptocurrency market.

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