Ethereum Foundation-linked address deposits $1.58M worth of ETH into Kraken

A wallet address associated with the Ethereum Foundation deposited 1,000 ETH ($1.58 million) into the Kraken crypto exchange two hours ago, according to Lookonchain on X. The address had previously received 84,513 ETH from the Ethereum Foundation 10 years ago, valued at $134 million on the basis of ETH's current price.