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According to on-chain data monitoring, the Ethereum Foundation's associated address is transferring a large amount of ETH. On November 20, 2015, the Ethereum Foundation transferred 44,167 ETH to the address starting with 0x8e2 (at that time, the price of ETH was only $0.9268). This ETH has undergone three transfers in nine years, each accompanied by partial sales or deposits to exchanges. The final 18,089 ETH of this address was transferred to the address starting with 0x87...eD812, worth $64.48 million, in the past hour.
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As the Ethereum spot ETF is launched, the Ethereum Foundation associated address transferred 18,000 ETH to other addresses in the past hour. Is this a dump?