Ethereum Foundation Sells ETH Again After Rises!

#Ethereum (ETH), the leading altcoin of the cryptocurrency industry, has been on the rise recently along with the leading cryptocurrency #Bitcoin (BTC). Although the increases in BTC enabled the recovery of all crypto assets, it benefited Ethereum the most.

After these upward movements, it was observed that the Ethereum Foundation took action again. #Ethereum Foundation sold ETH again.

Scope-Scan, a successful on-chain data provider, shared the following information about the Ethereum Foundation's recent ETH sales via its X/Twitter account:

“Ethereum foundation recently sold 50 ETH via Cowswap for 143.8 thousand DAI! In addition, the Foundation sold 100 more ETH for 296 thousand DAI on May 2. “Last year, the Ethereum Foundation sold 1.7 thousand ETH on-chain through #Uniswap at an average price of $ 1,610.” Ethereum Foundation, which continues to sell #ETH gradually, continues to face minor reactions from ETH lovers.

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