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Ethereum Foundation to Transfer 160,000 $ETH Valued at $654 Million

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The Ethereum Foundation plans to conduct an internal transfer of 160,000 $ETH, which is currently valued at approximately $654 million. This significant transaction reflects the foundation’s ongoing management of its digital assets. The move is part of the foundation’s strategy to optimize its holdings and ensure the effective use of resources. By reallocating these funds, […]

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Ethereum Foundation Transfers 160,000 $ETH Valued at .54 Billion

Ethereum Foundation Transfers 160,000 $ETH Valued at $6.54 Billion

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The Ethereum Foundation conducted an internal transfer of 160,000 $ETH this morning, amounting to a valuation of $6.54 billion. This significant transaction highlights the foundation’s ongoing management of its cryptocurrency assets. The transfer reflects the foundation’s strategy in handling its Ethereum holdings, which are pivotal to its operations and initiatives. Such internal transfers are common

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