An ancient giant whale transferred 6,022 ETH to an address associated with the Ethereum Foundation, worth approximately 12.34 million USD

According to ChainCatcher news, on-chain analyst @ai_9684xtpa monitored that an ancient whale with 560,000 ETH from the ICO transferred 6,022 ETH, worth approximately 12.34 million USD, to an address associated with the Ethereum Foundation over two hours ago. This fund has not yet been transferred or interacted with.

This ICO whale had previously distributed ETH to four addresses, of which a total of 105,522 ETH has been transferred to the current address over the past two years, mostly for staking in various LRT protocols.

Currently, there are still 280,000 ETH with a cost as low as 0.31 USD stored in three addresses.