Source: TheMerkle.com
Ethereum’s price has burst out of its channel, surging above $3,800 in a remarkable move. However, a closer look reveals a intriguing development.
The Ethereum Foundation, the organization behind the cryptocurrency, has transferred 35,000 ETH (worth $94.07 million) to Kraken Deposit, sparking speculation about its intentions.
According to Arkham, Ethereum Foundation (0xde0) transferred 35,000 ETH to Kraken Deposit (0xd86), worth about $94.07 million. The foundation should be selling coins
Read More https://themerkle.com/ethereum-soars-past-3800-a-breakout-with-a-twist/
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Source: TheMerkle.com