Ethereum Foundation Sells 100 ETH for DAI Ahead of ETF Launch!
The Ethereum Foundation recently executed a significant transaction, selling 100 ETH for 338,443 DAI. This sale occurred through a middle wallet just hours before the launch of Ethereum ETFs.
Transaction Details:
Sold: 100 ETH
Received: 338,443 DAI
Middle Wallet: 0xd779332c5a52566dada11a075a735b18daa6c1f4
Main Wallet: 0xbc9a9ac7dc36b1706732374bf632ef39fb6efbc3
Transaction Hash: 0xa2adb7a68aa2eb30c1fc6f9b96a54f243ac2d85999d88c80e2790edbda33e43a
This move is notable as the sale came just hours before the expected launch of Ethereum ETFs.
Ethereum Foundation's 2024 Activity:
Total ETH Sold: 2,366 ETH
Total DAI Received: 6.9M DAI
Average Sale Price: $2,916 per ETH
Last Sale: 21 days ago, on July 2, 2024
Additionally, another wallet linked to the Ethereum Foundation or its ICO has moved a substantial amount of ETH:
Moved: 3,200 ETH ($11.2M)
To: Kraken
Time: 19 hours ago
Wallet Address: 0xdb3
These transactions indicate significant activity by the Ethereum Foundation and related entities in anticipation of market events.