Wallet suspected to be linked to Ether Foundation transfers over 92,000 ETH after 7 years of dormancy

About three hours ago (03:39:23PM UTC, 25 July), an address potentially linked to the Ether Foundation transferred more than 92,000 ETH worth about $290 million after seven years of dormancy, tokens that had been stored at the same address since 2017, according to data from blockchain analytics platform Arkham Intelligence. Etherscan data shows that funds have not been transferred from the receiving address as of press time, and it is unclear whether the Ether Foundation is responsible for these transfers.