Do you know why ETH has been falling? It's too explosive. Let's take a look at the explosive behavior of the "Ethereum Foundation" in 2024.
1. The Ethereum Foundation has sold 239,000 ETH since January 1, 2021, equivalent to about US$654 million.
2. Since January 1, 2024, the Ethereum Foundation has sold a total of 3,666 ETH.
3. On September 23, the Ethereum Foundation sold 200 ETH, equivalent to about US$530,000.
4. On September 20, the Ethereum Foundation sold 600 ETH, equivalent to about US$1.526 million.
5. On September 9, the Ethereum Foundation sold 450 ETH, worth US$1.03 million.
6. On September 5, the Ethereum Foundation sold 100 ETH, about US$240,000.
7. On August 24, Aya Miyaguchi, executive director of the Ethereum Foundation, posted on a social platform that the Ethereum Foundation's annual budget is about $100 million.
8. The Ethereum Foundation spent $30 million in Q4 last year, and at this rate it will exhaust its Ethereum holdings within 8 years.
9. Vitalik announced an update on the Ethereum Foundation's spending information, with his salary being 182,000 Singapore dollars per year.