Ethereum Foundation-associated wallet sells another 1,000 ETH, worth approximately $2.03 million
Original headline以太坊基金会关联钱包再次卖出 1000 枚 ETH，价值约 203 万美元
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An Ethereum Foundation-linked wallet sold another 1,000 ETH, worth roughly $2.03 million, according to Lookonchain monitoring cited by TechFlow on November 11. The wallet transferred the 1,000 ETH to CoW Protocol and received about 2.025 million USDS in return. This follows a prior sale of 1,000 ETH by the same associated address, which fetched approximately $2.13 million. The repeat sale draws attention because movements from Foundation-linked wallets are often watched as a signal of the organization's treasury management. Traders will be watching whether the address continues to convert ETH into stablecoins and how the sales compare with previous disposals.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
ETH (ETH), Ethereum Foundation, CoW Protocol, USDS, Lookonchain
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