The Ethereum Foundation has made another precise move! The deep meaning behind the record of 239,000 ETH sold is revealed!

On August 28, monitoring data showed that the Ethereum Foundation deposited 35,000 ETH (about 94.07 million US dollars) into Kraken when the ETH price was 2,688 US dollars 5 days ago. But in just a few days, the ETH price has fallen back to 2,450 US dollars, a drop of 8.8%. Obviously, the foundation's operation once again confirmed their ability to make precise moves near the market highs.

Since January 1, 2021, the Ethereum Foundation has sold 239,000 ETH in succession, with a total value of approximately 654 million US dollars. This series of precise selling operations shows the foundation's accurate judgment at the top of the market and its strategy for asset management.

The Ethereum Foundation's operating style once again provides a clear direction for the market-steady operation is the long-term way. The current market volatility has increased, and it is necessary to remain rational and adjust strategies at any time to cope with new situations. Pay attention to Lao Lin's dynamics, make precise layouts, and look forward to seizing more opportunities in the future market!

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