Ethereum Foundation and ICO Wallets Continue Large-Scale Sell-Off: Significant Transfers to Kraken

Ethereum Foundation and associated presale wallets have resumed selling activity. On-chain analytics platform Spot On Chain reports that two wallets linked to the Ethereum Foundation and Ethereum presale continue to liquidate their holdings. One wallet, identified as “0xdb3,” recently transferred 1,602 ETH worth $5.48 million to cryptocurrency exchange Kraken. Ethereum Foundation and presale wallets linked