Wallet linked to the Ethereum Foundation moves $3M in ETH to Bitstamp

Lookonchain identified a substantial transfer of 1,250 $ETH worth $3.03M from a wallet suspected to be linked to the Ethereum Foundation to the Bitstamp exchange. According to Etherscan.io, the wallet moved ~3,420 $ETH (~8.93M at the time) in six transactions to address: 0x547b1f01...27B1d40D5 on August 18th. source: https://www.cryptopolitan.com/ethereum-foundation-moves-3m-in-eth/