🪙The Foundation sold 100 ETH, the altcoin price 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 disposed of 4566 coins worth nearly $12.96 million.
📉This negatively impacted the price of Ethereum, which over this period decreased by approximately 17%.
🔽Just 10 minutes after the news about another sale by the Ethereum Foundation, the altcoin price fell by 0.6%. Over the last day, the second largest cryptocurrency by market capitalization has decreased by 7.9%