PANews reported on August 28 that according to Lookonchain statistics, the Ethereum Foundation has sold 239,000 ETH since January 1, 2021.

The analyst pointed out that the Ethereum Foundation deposited 35,000 ETH ($94.07 million) into Kraken at an average price of $2,688 five days ago. Now the price of Ethereum is $2,450, down 8.8%.