Ethereum Foundation Transfers 14.2K DAI to Exchanges and Enigma Addresses

IconCryptoNewsTerminal Staff02 Sep, 2024

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Ethereum Foundation Transfers 14.2K DAI to Exchanges and Enigma Addresses

The Ethereum Foundation moved 14,250 DAI to several exchanges and mystery addresses on Wednesday, according to data from blockchain analytics company Arkhan (ARKM). The foundation sent 10,000 DAI to an enigma address (starting with 0x9624), 1,500 DAI to a labeled address (mechers.eth), 1,500 DAI to an OpenSea labeled user address, and 1,250 DAI to another enigma address (starting with 0x842B). The reasons for the transfers are unknown. The Ethereum Foundation has not yet commented on the matter. This is a developing story. More information will be added as it becomes available.