Ethereum Foundation Wallet Sells 4,095 ETH for $18.75M
A wallet linked to the Ethereum Foundation sold 4,095 ETH for $18.75M in DAI at $4,578 per ETH.
- Ethereum-linked wallet sold ETH for $18.75M DAI
- ETH was received from the Ethereum Foundation in 2017
- Sale happened at $4,578 per ETH over 4 hours
In the past four hours, a wallet associated with the Ethereum Foundation made headlines after selling 4,095 ETH in exchange for 18.75 million DAI. The sale was executed at an impressive rate of $4,578 per ETH, signaling a major move by one of Ethereum’s long-time linked wallets.
This transaction stirred attention across the crypto community due to the wallet’s historic ties to the Ethereum Foundation. The large amount of ETH offloaded, and its valuation, suggest a strategic shift or profit realization by the entity controlling the wallet.
Tracing the Wallet’s History Back to 2017
According to on-chain data, this wallet originally received 20,756 ETH from the Ethereum Foundation back in May 2017. At the time, that batch of ETH was worth only $4.75 million—highlighting the dramatic rise in Ethereum’s value since then.
Fast forward to 2025, and the wallet has now liquidated a portion of its holdings at a much higher valuation. Selling nearly 20% of its ETH, the wallet converted the assets into the stablecoin DAI, which could suggest an intention to reduce exposure to market volatility or to reallocate capital elsewhere.
This move has sparked fresh speculation within the crypto community, as transactions from wallets tied to the Ethereum Foundation are often seen as significant due to their potential impact on market sentiment.
What This Could Mean for Ethereum Investors
While it’s not unusual for older wallets to become active during bull runs, movements involving the Ethereum Foundation or wallets linked to it are watched more closely. Such actions can hint at institutional strategy changes or profit-taking during market highs.
However, it’s important to note that this sale represents just a fraction of the wallet’s total ETH holdings. This suggests a measured approach rather than a full exit. Still, investors may interpret it as a sign of caution or a move to stabilize assets amid current price fluctuations.
As always, traders should remain informed and avoid panic selling based on isolated transactions. On-chain activity can offer valuable insights but shouldn’t drive decisions without broader market context.
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