Ethereum · Crypto Briefing
Ethereum Foundation-linked wallets send 4,393 ETH to Kraken
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Two wallets tied to the foundation moved roughly $11.13 million in ETH to the exchange, continuing a decade-long pattern.
Key facts
- Two wallets linked to the Ethereum Foundation moved 4,393 ETH to Kraken on October 12, 2026
- Transfers in late 2025, May 2026, August 2026, and now October 2026 suggest a steady cadence of treasury activity
- In 2016, it received 59,751 ETH from an Ethereum Foundation address
- Two wallets tied to the foundation moved roughly $11.13 million in ETH to the exchange, continuing a decade-long pattern
Summary
Two wallets linked to the Ethereum Foundation moved 4,393 ETH to Kraken on October 12, 2026. The move was flagged by on-chain tracker EmberCN and picked up by outlets including TechFlow and BlockBeats. One of those wallets has a long history. The research ties that ETH to an average price of approximately $658 per coin.