Ethereum Foundation Completes Partial Sell-off, Withdraws 3.387M DAI from CEX

By: theblockbeats.news|2025/09/05 18:42:28

0

Share

copy

BlockBeats News, September 5th. According to @EmberCN's monitoring, the Ethereum Foundation transferred 10,000 ETH to Kraken for sale the day before yesterday. 20 minutes ago, they withdrew 3.387 million DAI from Kraken. "This means that part of these 10,000 ETH has already been sold."

BlockBeats previously reported that the Ethereum Foundation announced in a blog post that over the course of several weeks this month, they would be converting 10,000 ETH through a centralized exchange to continue supporting development, grants, and donations. These conversions will be done through multiple small orders rather than completing a large transaction all at once.

-- Price

You may also like

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

Market structure or information gap? — Why does the South Korean crypto market often make global traders "lag behind."

How to Automate Your Workflow with AI (No Code Required)

How to Automate Your Workflow with AI (No Code Required)

Let Perplexity Do the Work for You

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?

Is it still worth buying Circle on the callback?

Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions

Further Oracle Integration Reveals Polymarket's Ambitions

The expansion of the data source is essentially an expansion of the market radius.

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

In the first quarter of 2026, the overall cryptocurrency market remained highly active, but trading volume gradually declined from the January peak.

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

We analyzed the entry barriers of the largest markets for nine potential user groups in Asia, as well as the responses of exchanges.

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

Quantum computing will not overturn blockchain, but it will force a reconstruction of its security system.

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026

What is Auto Earn and how do you use it? This guide explains how Auto Earn works and how balance increases and referrals may qualify for extra rewards during Auto Earn Boost Fest.

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?

What is Auto Earn in crypto? Compare Kraken, OKX, Bybit, Binance, and WEEX Auto Earn features in 2026 and see which platforms provide additional promotional rewards beyond standard yield mechanisms.

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund

In the crucial window of legislative bargaining, using political contributions to advance industry interests.

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization

When AI is both the attacker and the defender, can cybersecurity still hold up?

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.

The two companies have a valuation difference of more than two times, but they are vying for the same pool of investors' money.

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity

Quantum computing will not upend blockchain, but it will force its security to be restructured.

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live

On April 21, if you are also in Hong Kong, you will have the opportunity to showcase your skills live.

CLARITY Act 2026 Update: Stablecoin Yield Ban, Senate Compromise, and What It Means for Crypto Markets

CLARITY Act 2026 Update: Stablecoin Yield Ban, Senate Compromise, and What It Means for Crypto Markets

The CLARITY Act may reshape stablecoin yield rules, DeFi incentives, and crypto liquidity in 2026. Learn the latest Senate updates, timeline changes, and what the regulation could mean for crypto traders.

Bitcoin mining companies flee for the Nth time

Bitcoin mining companies flee for the Nth time

When mining no longer generates sufficient economic returns, the rational business decision is naturally to shift resources; however, if this trend continues to spread, the question of who will bear the long-term costs of maintaining the security of the Bitcoin network will become a problem that mus...

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

Market structure or information gap? — Why does the South Korean crypto market often make global traders "lag behind."

How to Automate Your Workflow with AI (No Code Required)

Let Perplexity Do the Work for You

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

BTC still needs 6-8 months to reach its bottom.

Is it still worth buying Circle on the callback?

Can Circle transform from a "stablecoin company that earns interest" into a global digital dollar infrastructure?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

This marks a milestone for BIT in optimizing the large-scale fiat onramp channel and enhancing the asset allocation experience for high-net-worth individuals and institutional clients.

Further Oracle Integration Reveals Polymarket's Ambitions

The expansion of the data source is essentially an expansion of the market radius.

Popular coins

Latest Crypto News

19:42

Polymarket has removed the "Missing US Pilot" prediction market, stating that it violates the platform's "integrity standards."

Polymarket has delisted a prediction market involving the fate of a missing American pilot, stating that the content violates the platform's "integrity standards" and should not have been launched, and is reviewing its internal auditing processes. The incident has sparked widespread controversy, as ...

19:42

The Ethereum derivatives market has seen a rare net buying, marking the first time since the bear market of 2023

According to Cryptoquant analyst Darkfost, there has been a significant market pattern shift in Ethereum derivatives, the first since the bear market of 2023. Darkfost pointed out that while the net trading volume of ETH has been negative for most of 2023, it has now turned positive. Currently, this...

19:42

Data: 1979.81 BTC transferred from an anonymous address, flowing into Coinbase after a transfer

According to Arkham data, at 17:54, 1979.81 BTC (worth approximately 133 million USD) was transferred from one anonymous address (starting with bc1qsahcm...) to another anonymous address (starting with bc1qgv68y...). Subsequently, the address transferred a portion of the BTC (0.03438986 BTC) to Coin...

19:42

Iran has approved vessels carrying essential goods to pass through the Strait of Hormuz to Iranian ports

According to the Iranian Tasnim News Agency, Iran has approved vessels carrying essential goods to pass through the Strait of Hormuz to Iranian ports.

19:42

Stablecoins grow against the trend, with a weekly total market value increase of 0.43%, reaching a historical high

Despite the cooling of the cryptocurrency market, stablecoins continue to develop rapidly. According to DefiLlama data, the total market capitalization of stablecoins increased by 0.43% over the past week, with a circulating market cap of $31.7255 billion, reaching a historic high.Meanwhile, the mar...