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Ethereum Wallets Move $11M to Kraken, Sparking Sell-Off Concerns
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Ethereum Wallets Move $11M to Kraken, Sparking Sell-Off Concerns

Key Highlights: Two wallets historically associated with the Ethereum Foundation transferred 4,393 ETH (valued at roughly $11.13 million) to the Kraken cryptocurrency exchange on October 12. Blockchain data does not confirm an active sale or show that the Ethereum Foundation currently controls the recipient addresses, which initially received a 59,751 ETH allocation roughly a decade ...