The Ethereum Foundation has moved 7.79 million USDS to a multisignature Safe wallet in the past hour. This transaction was reported by Odaily, citing data from Onchain Lens.
According to the report, the foundation exchanged 1,000 ETH for approximately $1.9 million in USDS through CoWSwap. This activity occurred within the last hour.
Over the past four days, the Ethereum Foundation has sold a total of 5,000 ETH, converting it into about 9.92 million USDS. The details of these transactions were also highlighted by Onchain Lens.