Ethereum Foundation-linked wallet has sold a cumulative 7,500 ETH over four days.
Original headline以太坊基金会关联钱包四天累计出售 7500 枚 ETH
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An Ethereum Foundation-linked wallet sold another 2,500 ETH via CoW Swap for 4.597 million USDS, bringing its four-day total to 7,500 ETH exchanged for roughly 14.52 million USDS, with proceeds moved to a multisig Safe wallet. The steady selling by an entity tied to Ethereum's core nonprofit matters because it adds visible supply pressure and is closely watched as a sentiment signal for ETH holders. Traders will watch whether the wallet continues its daily sales cadence and whether the USDS transfers into Safe signal treasury diversification or pending deployment.
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, USDS, CoW Swap, Safe
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