Introduction
This article traces the Ethereum Foundation's operational history through on-chain address tracking, providing insights into how their actions influence ETH prices. By analyzing past transactions, readers can better anticipate future market impacts.
Ethereum Foundation Operations (2017-2024)
Direct ETH Transfers to Kraken Exchange
Address starting with 0xde0 marks Ethereum Foundation's direct ETH transfers to Kraken (threshold: >10,000 ETH).
Key Transactions and Market Impact
- 2017/05/05: 100,000 ETH transferred
→ Price dropped 23.54% initially, then surged 430% - 2017/06/17: 50,000 ETH transferred
→ Price declined 62.82% - 2018/01/03: 100,000 ETH transferred
→ Price rose 69.56% first, then fell 60.29% - 2019/06/19: 30,000 ETH transferred
→ Initial 16.48% drop, followed by 60.75% rally
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Indirect Transfers via Intermediate Wallets (2022-2024)
Transactions Through Address 0x85A
- 2022/01/16: 2,000 ETH moved to Kraken
→ Price fell 36.64% - 2024/02/28: 4,000 ETH moved to Kraken
→ Price gained 29.78%
Multi-Signature and Cowswap Sales (2024)
Flow Through Addresses 0xbC9 and 0x180c
- ETH transferred to multi-sig address
0xbC9(project funding). - Relayed to
0x180cfor Cowswap sales.
Purpose: Funding grants for ecosystem projects.
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Key Takeaways
- Direct exchange transfers → Immediate liquidity impact.
- Intermediate wallets → Obfuscated selling pressure.
- Multi-sig/Cowswap route → Project funding mechanism.
FAQ Section
Q1: How often does the Ethereum Foundation sell ETH?
A1: Periodically, averaging 1-3 large transactions annually since 2017.
Q2: Do these sales always cause price drops?
A2: Not universally—context matters (market conditions, transaction size).
Q3: What's the purpose of multi-sig transfers?
A3: To allocate funds for developer grants and ecosystem growth.
Q4: How can I track these transactions myself?
A4: Use blockchain explorers like Etherscan with tagged Foundation addresses.
Q5: Why does Kraken receive most transfers?
A5: Likely due to established institutional onboarding channels.
Q6: Are Cowswap sales bearish signals?
A6: Not necessarily—they often fund long-term builder initiatives.
Note: All data reflects on-chain activity up to May 2024. No promotional links included except as specified.
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