According to monitoring by on-chain analyst Ember, the Ethereum Foundation's DeFi participating multi-signature wallet sold 1,000 ETH at a price of US$4,508 in the past 7 hours in exchange for 4.508 million DAI.

This wallet has sold 21,000 ETH in the past three months, with a total value of $72.94 million. Specifically:

1. On July 11, 10,000 ETH were sold over the counter at a price of $2,572, worth $25.73 million.

2. On September 3, 10,000 ETH worth $42.7 million was transferred to Kraken.

3. On October 4, 1,000 ETH were sold on the chain, worth $4.51 million.