Recent reports reveal major ETH transactions including Erik Voorhees's sale of 6,581 ETH for $27M and an Ethereum Foundation-associated address offloading 1,694.8 ETH valued at $7.72 million, underscoring persistent large-scale movements in the market.
Erik Voorhees sold 6,581 ETH on August 9 at approximately $4,161 per ETH, netting around $27.38 million after initially acquiring 14,945 ETH. Additionally, PANews reported on August 13 that an Ethereum Foundation-associated address sold 1,694.8 ETH on-chain in the past two hours, valued at about $7.72 million, and now holds 1,500 ETH. The address originally received 20,756 ETH eight years ago, with its earliest transfer dating back ten years when ETH was priced at $0.875.