Ethereum Foundation Transfers 7.79 Million USDS to Safe Multisig Wallet

November 14, 20261 min read0 views

Ethereum Foundation Transfers 7.79 Million USDS to Safe Multisig Wallet

The Ethereum Foundation transferred 7.79 million USDS to a Safe multisignature wallet within the hour before 10:42 p.m. ET Friday (03:42 UTC Saturday). The observation also included a CoWSwap exchange of 1,000 Ether (ETH) for about $1.9 million in USDS and sales totaling 5,000 ETH for about 9.92 million USDS over four days.

The activity follows an

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The Ethereum Foundation transferred 7.79 million USDS to a Safe multisignature wallet within the hour before 10:42 p.m. ET Friday (03:42 UTC Saturday). The observation also included a CoWSwap exchange of 1,000 Ether (ETH) for about $1.9 million in USDS and sales totaling 5,000 ETH for about 9.92 million USDS over four days.

The activity follows an earlier Ethereum Foundation sale of 2,785 ETH through CoWSwap, which brought in USDS valued at about $6.42 million.

Enna Lee

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to [email protected].

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