According to Mars Finance, on-chain analyst Yu Jin reported that the Ethereum Foundation wallet received 22.92 million USDC from Coinbase Prime five hours ago. Yu Jin suggests this payment may be related to a payment made a week ago by the Ethereum Foundation for the sale of 10,000 ETH to Bitmine via over-the-counter trading.
The Ethereum Foundation wallet received 22.92 million USDC from Coinbase Prime.
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