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Ethereum Foundation Development Team Internal Transfer of 1000 ETH

By: theblockbeats.news|2025/07/18 09:41:59

BlockBeats News, July 18th, according to PeckShield monitoring, the Ethereum Foundation development team internally transferred 1000 ETH (approximately $3.6 million) to the EF2 address. The address currently holds 8000 ETH, worth about $29 million.

After a certain whale day trader sold ETH spot and made a profit of $7.42 million, they incurred a unrealized loss of $9.44 million from shorting ETH.

Bitcoin Dominance has dropped by 4.8% over the week, now standing at 61.67%.