Ethereum Foundation moved 50,000 ETH ($132M) to their DeFi Multisig

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Ethereum Foundation moved 50,000 ETH ($132M) to their DeFi Multisig

Related addresses

Ethereum Foundation 0xde0

Ethereum Foundation: Multisign 0x9fC

Total tokens transferred

50K

ETH

Related transactions

Ethereum Foundation 0xde0

Ethereum Foundation: Multisign 0x9fC

Feb 08, 21:29

The Ethereum Foundation just moved 50,000 ETH ($132M) to their DeFi multi-signature wallet:

transaction: 0x249b8e5578d49ae18c6c02612d061ed783f543e96c99b3dde1f5f469eb737d21
old address: 0xde0B295669a9FD93d5F28D9Ec85E40f4cb697BAe
DeFi address: 0x9fc3dc011b461664c835f2527fffb1169b3c213e
These addresses belong to the entity Ethereum Foundation

Notably:

This likely aligns with their new strategy to engage more in the DeFi ecosystem and earn interest instead of selling weekly.
The multi-sig has previously interacted with AAVE; hence, we may see similar actions soon.

Fig 1. The Ethereum Foundation moved 50,000 ETH ($132M) to their multi-signature wallet just now.

#eth

#ethereum

#ethereum foundation

#move

#defi

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