$ETH
💥 Ethereum Foundation makes a big move!
💥 Just sold 100 ETH, where will the funds go? The crypto market is in turmoil again!
Ethereum Foundation's latest move: Sold 100 ETH again
Time: 25 minutes ago
Transaction details: Ethereum Foundation sold 100 ETH in exchange for 334,315.7 DAI.
Background review:
First sale: This sale is the first ETH sale since the release of the 2024 report on November 8.
Asset reserves: As of October 31, the Foundation's asset reserves were US$970.2 million, of which US$788.7 million were crypto assets (99.45% were ETH).
Sale plan:
Regular sales: The Ethereum Foundation plans to sell ETH regularly to fund key public projects and maintain reserves.
Cumulative data: As of 2024, the foundation has sold a total of 4,266 ETH, earning $11.83 million, with an average selling price of approximately $2,773.
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