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Ethereum FoundationCoinGape
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69% Informative
The Ethereum Foundation has sold 35,000 ETH ($ 94 M) to Kraken , its largest 2024 transfer, amid Fed rate cut speculations and options expiry .
Foundation 's sale follows a history of timing market peaks, echoing past moves in 2021 and 2017 .
ETH price has remained relatively stable after the transfer, trading at around $2,729 , a 4% increase over the last 24 hours .
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