network informationIt shows that the developers of the Ethereum Foundation sent a large amount of Ether to the Kraken exchange about 10 hours ago.
The transaction shows that the Ethereum developer is sending 20,000 Ether to the Kraken address, valued at over $95 million at current prices.
similar transactionsThis also happened on May 17th, when the team sent 35,000 ETH worth $112 million at the time.
The Ethereum Foundation is a non-profit organization supporting Ethereum and Ffp developers. They provide both financial and non-financial support to the wider ecosystem and have sold Ether in the past for financing.
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