Ethereum Foundation: Sends $1.09M ETH to Unlabeled Wallet

Ethereum Foundation moved 566.27 ETH (~$1.09M) from its grants wallet to an unlabeled address while routing another 2.62 ETH (~$5K) to a linked wallet previously tied to Upbit.

Grant patterns from the Ethereum Foundation show consistent anonymous distributions over the past year, echoing earlier Ethereum Foundation grant wallet transaction patterns that funded ecosystem projects without public disclosure.

At $1908.37, ETH holds a bullish structure above the EMA50 at $1903.95 yet faces a MACD death cross that warns of fading momentum; with price pressing the lower Bollinger band near $1909.23 and RSI at 48.08, any ETH price prediction must account for possible consolidation before testing upper resistance at $1927.28 amid broader crypto market crash fears.