Ethereum Foundation ETH holdings fall to 6-year low

The Ethereum Foundation's (EF) holdings of ETH are currently valued at approximately $209 million, the lowest level in the past six years, according to on-chain analysis platform Arkham. This valuation is a result of changes in both the amount of ETH held and its price. Arkham noted that the last time the foundation's holdings were smaller than the current amount was in October 2020.