Transfer 1000 ETH from Ethereum Foundation address for distribution of foundation funding
According to on-chain analyst Yu Jin, the Ethereum Foundation address (starting with 0xde0) transferred 1,000 ETH to the address 0x4e6 two hours ago, worth approximately $2.38 million.
It is reported that the address starting with 0x4e6 is mainly used for distributing funds sponsored by the Ethereum Foundation. Since May 2021, this address has received and distributed a total of 40,900 ETH from the Ethereum Foundation.
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