The transfer of 105,736 ETH emptied nearly all of Wilcke’s holdings, leaving just 268.73 ETH in his wallet. Subsequent withdrawals from the exchange suggest that this could be Wilcke dividing his holdings into different wallets.
Despite the movement’s scale, Ethereum’s price remained relatively stable. As of press time, ETH was trading at $2,493, down 0.17% over the past 24 hours, largely in line with broader market performance.
Notably, Ethereum has shown strong performance in the past 30 days, climbing 72% from the lows recorded earlier this year to a high of $2,737.17 on May 13.
However, the foundation began allocating funds to decentralized finance platforms in February to generate yield.
