Latest Update
2026-10-11 17:34 UTC

Ethereum Foundation: Wallets Deposit 4,393 ETH to Kraken

Ethereum Foundation: Wallets Deposit 4,393 ETH to Kraken

Lookonchain reports two wallets tied to the Ethereum Foundation deposited 4,393 ETH valued at $11.13 million into Kraken five hours ago after receiving 59,751 ETH from the foundation a decade earlier at $0.9 per token.

Source

Analysis

@lookonchain flagged two wallets linked to the Ethereum Foundation that moved 4,393 ETH ($11.13M) into Kraken five hours ago. The same addresses originally received 59,751 ETH from the foundation ten years ago when the token traded at $0.9.

ETH trades at $2540.23 on the 4h chart inside a bearish structure defined by the EMA50 at $2569.23 and EMA200 at $2581.9. Momentum shows RSI(14) at 51.91 while MACD(12,26) prints a bullish golden cross at -12.34. Price sits near the upper Bollinger Band resistance at $2543.76 with lower support at $2466.37, suggesting any rejection here targets the 50-EMA before the next directional move.


Lookonchain

@lookonchain

Looking for smartmoney onchain