{"id":54348,"date":"2025-10-23T04:48:46","date_gmt":"2025-10-23T04:48:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=54348"},"modified":"2025-10-23T04:48:46","modified_gmt":"2025-10-23T04:48:46","slug":"ethereum-foundation-moves-610-million-in-eth-to-new-wallet","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=54348","title":{"rendered":"Ethereum Foundation Moves $610 Million in ETH to New Wallet"},"content":{"rendered":"<div>\n<p><span data-preserver-spaces=\"true\">The Ethereum Foundation has just moved more than 160,000 ETH, worth around $610 million, into a brand new multisignature wallet. <\/span><span data-preserver-spaces=\"true\">The group described the transfer as a planned migration, though the sheer <\/span><span data-preserver-spaces=\"true\">size<\/span><span data-preserver-spaces=\"true\"> of the move caught <\/span><span data-preserver-spaces=\"true\">a lot of eyes<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> That\u2019s a serious chunk of its treasury, and naturally, people are curious what this means for the road ahead.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Goodbye Old Setup, Hello New Safe Wallet<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The switch wasn\u2019t random. The foundation confirmed it was moving away from its older, custom multisig wallet and adopting Safe Foundation\u2019s wallet system instead. Earlier in the year, it ran tests using a 3-of-5 multisig setup. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The recent 160,000 ETH transfer was a scheduled <a href=\"https:\/\/twitter.com\/ethereumfndn?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">@ethereumfndn<\/a> wallet migration.<\/p>\n<p>0xc06145782F31030dB1C40B203bE6B0fD53410B6d is the new main EF Treasury multisig wallet. <a href=\"https:\/\/t.co\/5BCwv9YGyT\" rel=\"nofollow\" target=\"_blank\">https:\/\/t.co\/5BCwv9YGyT<\/a><\/p>\n<p>\u2014 hww.eth | Hsiao-Wei Wang (@hwwonx) <a href=\"https:\/\/twitter.com\/hwwonx\/status\/1980725518917067210?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 21, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">Once satisfied, the team <\/span><span data-preserver-spaces=\"true\">went ahead and brought<\/span><span data-preserver-spaces=\"true\"> the <\/span><span data-preserver-spaces=\"true\">rest of the<\/span><span data-preserver-spaces=\"true\"> funds under the same structure.<\/span><span data-preserver-spaces=\"true\"> This change follows months of tinkering with various DeFi tools, including Aave, Cowswap, and Morpho Finance.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Numbers Are Big, and So Are the Questions<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Even though the foundation says this was just a routine upgrade, the timing and scale have sparked plenty of discussion. Back in June, they shared a new plan <\/span><span data-preserver-spaces=\"true\">that involves allocating<\/span><span data-preserver-spaces=\"true\"> about 15 percent of treasury funds each year to growth-related initiatives. Over time, that percentage would gradually drop to 5 percent. <\/span><span data-preserver-spaces=\"true\">The wallet move seems to fit within that plan, but the specific timing and switch to a new system suggest something more strategic <\/span><span data-preserver-spaces=\"true\">could be going on<\/span><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">9+ Best High-Risk, High-Reward Crypto to Buy in October2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">DeFiPunk Strategy Starts to Show Its Hand<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">In that same June announcement, the foundation introduced a new vision called the \u201cDeFiPunk\u201d approach. The idea was to put more of the treasury to work in open DeFi protocols, while keeping everything secure. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Moving the funds into a Safe wallet lines up neatly with that approach. It looks like the foundation is getting ready to become a more active player in the ecosystem, not just a quiet backer.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">ETH\u2019s Market and the Push for More Active Treasury Use<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The migration also comes at an interesting time for ETH. Prices have recently pushed near all-time highs, then pulled back a bit. That kind of volatility makes secure treasury management even more important. <\/span><\/p>\n<div class=\"chart crypto-chart-instance\" id=\"crypto_chart_68f9b0b2dbb35\" data-coin-id=\"eth\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n\t\t\t\t<img id=\"crypto_chart_68f9b0b2dbb35-chart__info-icon-img\"><\/p>\n<div class=\"chart__info-name\" id=\"crypto_chart_68f9b0b2dbb35-chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\" id=\"crypto_chart_68f9b0b2dbb35-chart__info-symbol\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\" id=\"crypto_chart_68f9b0b2dbb35-chart__info-price\"><\/div>\n<div class=\"chart__info-change\" id=\"crypto_chart_68f9b0b2dbb35-chart__info-change\"><\/div>\n<\/p><\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\" id=\"crypto_chart_68f9b0b2dbb35-chart__info-marketcap\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\" id=\"crypto_chart_68f9b0b2dbb35-btn-24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\" id=\"crypto_chart_68f9b0b2dbb35-btn-7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\" id=\"crypto_chart_68f9b0b2dbb35-btn-30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\" id=\"crypto_chart_68f9b0b2dbb35-btn-1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\" id=\"crypto_chart_68f9b0b2dbb35-btn-all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"chart__container\">\n\t\t<canvas class=\"chart__canvas\" id=\"crypto_chart_68f9b0b2dbb35-cryptoChart\"><\/canvas>\n\t<\/div>\n<\/div>\n<p><span data-preserver-spaces=\"true\">Safe\u2019s infrastructure could help reduce <\/span><span data-preserver-spaces=\"true\">risk on the<\/span><span data-preserver-spaces=\"true\"> operational <\/span><span data-preserver-spaces=\"true\">side<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> At the same time, spreading funds more broadly through DeFi could help strengthen parts of the Ethereum ecosystem that don\u2019t always get direct support.<\/span><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/a><\/strong><\/p>\n<h2><span data-preserver-spaces=\"true\">What Everyone Will Be Watching Now<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Now that the funds are in their new home, all eyes are on what happens next. Will we see those ETH allocations move into DeFi projects? How much transparency will the foundation offer? People will also be looking for signs of returns and whether this new strategy impacts the broader Ethereum network. As the treasury becomes more active, clear updates will likely be key to keeping the community on board.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Bigger Moves Ahead for On-Chain Governance?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Changes like this don\u2019t happen every day, especially not at this level. The Ethereum Foundation is doing more than just upgrading its wallet <\/span><span data-preserver-spaces=\"true\">setup;<\/span><span data-preserver-spaces=\"true\"> it\u2019s possibly setting the tone for how other major players manage large on-chain treasuries. Whether this inspires other DAOs or crypto foundations to rethink their own strategies remains to be seen. But one thing is clear: this was not just a technical <\/span><span data-preserver-spaces=\"true\">update;<\/span><span data-preserver-spaces=\"true\"> it could mean the start of a more hands-on, transparent, and experimental phase in crypto treasury management.<\/span><\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n<p><strong><a class=\"editor-rtfLink\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The Ethereum Foundation moved over 160,000 ETH (worth $610 million) into a new Safe multisig wallet as part of a planned upgrade.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        This move marks a shift away from the foundation\u2019s old wallet system and aligns with its strategy to use more DeFi tools for treasury management.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        The timing of the migration ties into its \u201cDeFiPunk\u201d strategy, where more treasury funds are expected to be deployed across open DeFi protocols.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Ethereum\u2019s price swings and treasury growth plans make secure and flexible fund management even more critical at this stage.    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        This wallet change could influence how other large crypto foundations manage their treasuries, signaling a new era of active on-chain treasury use.    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/ethereum-foundation-moves-610-million-in-eth-to-new-wallet\/\">Ethereum Foundation Moves $610 Million in ETH to New Wallet<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Ethereum Foundation has just moved more than 160,000 ETH, worth around $610 million, into a brand new multisignature wallet. The group described the transfer as a planned migration, though the sheer size of the move caught a lot of eyes. That\u2019s a serious chunk of its treasury, and naturally, people are curious what this [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-54348","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54348"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/54348\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}