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Ethereum Foundation moves $7.79M USDS to a multisig wallet, following recent large ETH sales.

Market News
14 Nov 2026, 05:49 WIB
Tokenpost
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Neutral
Ethereum Foundation moves $7.79M USDS to a multisig wallet, following recent large ETH sales.

The Ethereum Foundation transferred 7.79 million USDS to a Safe multisignature wallet shortly before 10:42 p.m. ET on Friday. This move came amid recent activity including a CoWSwap exchange of 1,000 ETH for about $1.9 million USDS and sales of 5,000 ETH totaling roughly 9.92 million USDS over four days. Earlier, the Foundation sold 2,785 ETH through CoWSwap, raising about $6.42 million in USDS. These transactions indicate ongoing liquidity management and strategic asset movements by the Foundation.

The Ethereum Foundation's recent transfer of 7.79 million USDS to a Safe multisig wallet provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 14, 2026 10:01 WIB: out of 50 priced major cryptocurrencies, 4 rose and 45 fell. Notable movers include ETC (Ethereum Classic) at Rp114.861 with a -4.37% change and 100% buy order activity, MANA (Decentraland) at Rp1.194 with a -4.33% change and 100% buy order activity, and ENJ (Enjin Coin) at Rp372 with a -4.21% change and 100% buy order activity.

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