🪙The Foundation sold 100 ETH, the altcoin rate dropped by 7.9%

🔗According to Lookonchain data, on Wednesday, January 8, the Ethereum Foundation sold 100 ETH.

🛍In total, since the beginning of 2024, the organization has rid itself of 4566 coins for almost $12.96 million.

📉This has negatively affected the price of Ethereum, which during this period has decreased by approximately 17%.

🔽In just 10 minutes after the news about the next sale by the Ethereum Foundation, the altcoin rate dropped by 0.6%. Over the last day, the second largest cryptocurrency by market capitalization has decreased by 7.9%.