According to Lookonchain, the Ethereum Foundation transferred 1,000 ETH ($2.47 million) to wallet address 0xc061 just 10 minutes ago, as tracked on intel.arkm.com. Such large-scale ETH movements by the Ethereum Foundation often signal potential upcoming market activity and can influence short-term price volatility for ETH. Traders should closely monitor this wallet for further actions, as previous Foundation transfers have sometimes preceded market swings or selling pressure. (Source: Lookonchain, intel.arkm.com)