Ethereum Foundation Transfers 1.5 Million DAI to Dormant Wallet

According to Foresight News, a wallet address associated with the Ethereum Foundation has transferred approximately 1.5 million DAI to a previously dormant wallet. The receiving wallet, which begins with 0x5789, had been inactive for six years before this transaction. The transfer was detected by PeckShield, a blockchain security firm. This significant movement of funds has drawn attention within the cryptocurrency community, raising questions about the purpose and implications of the transfer.