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Two Ethereum Foundation-linked wallets moved 4,393 ETH to Kraken, sparking speculation of a possible sale.

Market News
12 Oct 2026
Crypto news
View Source
Neutral
Two Ethereum Foundation-linked wallets moved 4,393 ETH to Kraken, sparking speculation of a possible sale.

Two wallets historically linked to the Ethereum Foundation transferred a total of 4,393 ETH, worth about $11.13 million, to the Kraken exchange on October 12. This movement raised questions about a potential sale, although neither the Ethereum Foundation nor Kraken confirmed any sale or cash conversion. The wallets have a decade-long history of transferring ETH to Kraken, but recent activity has not been officially linked to new funding or treasury sales. Ethereum's price hovered near $2,555 with mixed technical signals, and the foundation continues managing its treasury through staking and periodic asset sales as per its policy.

Ethereum's market cap stands at Rp5.586,07 trillion as of October 12, 2026, 12:41 WIB, with a 24-hour trading volume of Rp154,57 trillion on Pluang. The price of ETH is Rp45.695.065, showing a 1-day gain of 2.03%, while Pluang order activity favors buying at 66%. This active trading environment contrasts with the news of large wallet transfers to Kraken, highlighting ongoing investor interest in Ethereum.

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