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PANews June 11th news, Spot On Chain monitoring shows that in the past week, three wallets related to the Ethereum Foundation have sold a large amount of Ether ($ETH). The main wallets of the two foundations sold a total of 200 $ETH in exchange for 744,722 $DAI, at an average price of approximately $3,724. Since early 2024, they have sold a total of 2,166 $ETH and obtained 6.21 million $DAI, often selling before the price drops. In addition, about three days ago, wallet 0xdb3 deposited 15,255 $ETH (about $55.6 million) into the Kraken exchange, at an average price of $3,648. The $ETH in this wallet comes from foundation wallets and an Ethereum ICO participant.

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