Ethereum Foundation Moves $12 Million to Crypto Exchange Kraken, Raising Market Timing Concerns

The Ethereum Foundation, the non-profit organization funding the critical development of Ethereum-related technology, has transferred a significant amount of Ether (ETH) to the popular cryptocurrency exchange Kraken, raising eyebrows given its history of wallet movements. According to on-chain analytics firm SpotOnChain, the Ethereum Foundation’s wallets and wallets linked to an Ethereum... source: https://www.cryptoglobe.com/latest/2024/07/ethereum-foundation-moves-12-million-to-crypto-exchange-kraken-raising-market-timing-concerns/