Ethereum Foundation’s donation wallet transferred out 566.27 ETH, worth approximately $1.09 million.
2026.08.10 20:40:31
According to monitoring by Onchain Lens, the Ethereum Foundation transferred 566.27 ETH from its Grants wallet to an untagged address, worth roughly $1.09 million. Separately, an address linked to the Ethereum Foundation moved 2.62 ETH (valued at ~$5,000) to another address—one that had previously sent funds to South Korean crypto exchange Upbit. Blockchain data shows the transfer originated from the Ethereum Foundation’s Grants wallet (0x9eE...313D). The identity of the anonymous address receiving the $1.09 million in ETH has not been confirmed, and the foundation has not publicly disclosed the funds’ purpose. The crypto community speculates the transfer may be tied to ecosystem grants, developer support, or other foundation activities, though the exact use remains unconfirmed.
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