According to PeckShieldAlert, the Ethereum Foundation's development team has transferred 1,000 ETH, valued at approximately $2.64 million, to a related address (0xc061...0B6d) funded by EF1. On-chain movements by major entities such as the Ethereum Foundation often signal potential liquidity changes or upcoming strategic actions, which can impact short-term ETH price volatility. Traders should monitor this address and related flows for signs of additional large transfers or market-moving activities. Source: PeckShieldAlert (Twitter, June 4, 2025).