A wallet suspected to be associated with the Ethereum Foundation has transferred 92,500 ETH after being dormant for seven years

PANews reported on July 26 that according to data from blockchain analysis platform Arkham Intelligence, an address possibly related to the Ethereum Foundation transferred about 925 million ETH after being dormant for seven years, worth approximately $290 million. These tokens have been stored at the same address since 2017. Etherscan data shows that the funds have not yet been transferred from the receiving address, and it is unclear whether these fund transfers are managed by the Ethereum Foundation.