The Ethereum Foundation, the non-profit organization behind the Ethereum blockchain, has sold 100 ETH for 402,400 DAI (worth $402,400) five minutes ago. The transaction was made from an Ethereum Foundation address that has been used for previous token liquidations. This is the second time the Ethereum Foundation has sold 100 ETH in the past 10 days. On-chain data analytics provider Lookonchain reported that the Ethereum Foundation has sold a total of 4,466 ETH (worth $12.62 million) this year. The reason for the Ethereum Foundation's recent token sales is unclear. However, it is worth noting that the Ethereum Foundation has been selling ETH periodically throughout the year. In January, the Ethereum Foundation sold 2,000 ETH for 780,000 DAI. In March, the Ethereum Foundation sold 1,000 ETH for 390,000 DAI. The Ethereum Foundation's token sales have had a minor impact on the price of ETH. However, it is worth noting that the price of ETH has been trending downwards in recent weeks.

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