The Ethereum Foundation wallet received 22.92 million USDC from Coinbase Prime

2026-05-01 08:10:41

According to on-chain analyst Yu Jin's monitoring, the Ethereum Foundation wallet received 22.92 million USDC from Coinbase Prime 5 hours ago.

On-chain analyst Yu Jin stated that this fund may be related to the payment made by the Ethereum Foundation to Bitmine for selling 10,000 ETH through over-the-counter trading a week ago.

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ETH USDC over-the-counter trading

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