- The Ethereum Foundation has transferred 10,000 ETH each to DeFi platforms Aave and Spark.
- The Foundation announced it has begun actively managing its DeFi investment fund of 50,000 ETH.
- They showed active movement by additionally transferring 20,800 ETH to Aave and 4,200 ETH to Compound.
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The Ethereum Foundation has made large transfers of Ethereum (ETH) to decentralized finance (DeFi) platforms Aave and Spark.
On the 13th, on-chain analyst EmberCN reported via X (formerly Twitter) that "The Ethereum Foundation transferred 10,000 ETH each to Aave and Spark at around 17:40 (KST)," adding that "The Ethereum Foundation has begun actively managing its DeFi investment fund of 50,000 ETH."
The Ethereum Foundation later transferred an additional 20,800 ETH to Aave. They also transferred 4,200 ETH to Compound (COMP).
Previously, on the 9th, the Ethereum Foundation had transferred 50,000 ETH to its own DeFi investment wallet.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.PiCK News
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