Ethereum Foundation Offloads 450 ETH in Latest Sale

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The Ethereum Foundation has kept up its streak of selling ETH this year, most recently offloading 450 ETH for 1.029 million DAI.

According to the analytics platform SpotOnChain, on Sept. 9, the Ethereum Foundation, the main non-profit organization supporting the Ethereum blockchain, shed 450 ETH from its holdings and swapped it for the stablecoin DAI.

🚨🚨 After Vitalik, the Ethereum Foundation is the next to sell $ETH!Just 10 minutes ago, the #EthereumFoundation sold 450 $ETH for 1.029M $DAI.In total, they’ve sold 550 $ETH ($1.28M) at an average price of $2,324 in the past 4 days.Follow @spotonchain for more updates… https://t.co/d2bP0WLo9C pic.twitter.com/cjgFvMeOvw

— Spot On Chain (@spotonchain) September 9, 2024

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