TechFlame reports that Hsiao-Weiwang, co-executive director of the Ethereum Foundation, posted on social media, “The address that sold 2794.87 ETH yesterday is not managed by the foundation. In the 2014 ICO, approximately 9% of the ETH supply was allocated to the Ethereum Foundation. Today, the ETH supply held by the Ethereum Foundation is less than 0.3% of the total supply. So after 10 years, you'll probably find lots of addresses associated with the Ethereum Foundation.” According to previous reports, yesterday Lookonchain reported that an Ethereum foundation address has sold a total of 2794.87 ETH (worth 12.78 million US dollars) in the past two hours, with an average selling price of 4574.4 US dollars.