Crypto Blogs and Articles
  • All Technology
  • AI
  • Autonomy
  • B2B Growth
  • Big Data
  • BioTech
  • ClimateTech
  • Consumer Tech
  • Crypto
  • Cybersecurity
  • DevOps
  • Digital Marketing
  • Ecommerce
  • EdTech
  • Enterprise
  • FinTech
  • GovTech
  • Hardware
  • HealthTech
  • HRTech
  • LegalTech
  • Nanotech
  • PropTech
  • Quantum
  • Robotics
  • SaaS
  • SpaceTech
AllNewsDealsSocialBlogsVideosPodcastsDigests

Crypto Pulse

EMAIL DIGESTS

Daily

Every morning

Weekly

Sunday recap

NewsDealsSocialBlogsVideosPodcasts
CryptoBlogsEthereum Foundation Transfers $654 Million in ETH, Calls It ‘Scheduled Wallet Migration’
Ethereum Foundation Transfers $654 Million in ETH, Calls It ‘Scheduled Wallet Migration’
Crypto

Ethereum Foundation Transfers $654 Million in ETH, Calls It ‘Scheduled Wallet Migration’

•October 22, 2025
Laura Shin
Laura Shin•Oct 22, 2025
0

Summary

The Ethereum Foundation moved roughly 160,000 ETH — about $654 million — to a newly designated treasury multisig in what officials called a “scheduled wallet migration.” Blockchain tracker Arkham flagged the shift before the Foundation’s co‑executive director Hsiao‑Wei Wang confirmed the new main treasury address, noting the recipient wallet’s prior interactions with SharpLink Gaming, Kraken and a multisig that sells ETH. The large internal transfer, coming days after public complaints about developer compensation, raises questions about treasury governance, market liquidity and potential community or regulatory scrutiny.

Ethereum Foundation Transfers $654 Million in ETH, Calls It ‘Scheduled Wallet Migration’

Read Original Article

Comments

Want to join the conversation?