Ethereum Foundation-linked wallets send 4,393 ETH to Kraken

What happened

Following the coins The two sending addresses were identified as 0x4c4…2b94 and 0x999…0229. In 2016, it received 59,751 ETH from an Ethereum Foundation address.

The post Ethereum Foundation-linked wallets send 4,393 ETH to Kraken appeared first on Crypto Briefing . 11, 2026 Two wallets linked to the Ethereum Foundation moved 4,393 ETH to Kraken on October 12, 2026.

At the time of the transfer, that stack was worth approximately $11.13 million. The move was flagged by on-chain (recorded on the blockchain itself rather than beside it) tracker EmberCN and picked up by outlets including TechFlow and BlockBeats.

Neither the foundation nor Kraken has said anything publicly about it. Together, they accounted for the full 4,393 ETH that landed on Kraken.

One of those wallets has a long history. Over the following ten years, that same wallet has routed 49,751 ETH to Kraken. Advertisement The research ties that ETH to an average price of approximately $658 per coin.