According to Lookonchain, the Ethereum Foundation transferred 1,000 ETH, valued at $2.61 million, to wallet address 0xc061 just 10 minutes ago (source: Lookonchain via Twitter, May 30, 2025). Such on-chain activity by the Ethereum Foundation often signals potential market movements, as previous large transfers have sometimes preceded increased volatility or sell-offs in the ETH price. Traders should monitor this wallet and related addresses for further transactions, as foundation moves can impact short-term liquidity and trading sentiment. Real-time tracking of foundation transfers remains a key metric for crypto market participants (source: intel.arkm.com).

According to Lookonchain, the Ethereum Foundation transferred 1,000 ETH, valued at approximately $2.61 million, to wallet address 0xc061 just 10 minutes ago (source: Lookonchain, May 30, 2025). This transaction marks another significant movement of ETH by the Foundation, which often precedes periods of increased market volatility or potential sell-offs. Traders and investors should closely monitor on-chain flows from the Ethereum Foundation, as large transfers to external wallets have historically correlated with shifts in ETH price action and overall market sentiment (source: intel.arkm.com/explorer/address/0xc061). Such activity may signal upcoming selling pressure, making it a critical data point for short-term and swing trading strategies.