Just now!
The Ethereum Foundation is making trouble again!
100 $ETH were sold in 20 minutes!
Everyone, pay attention. On September 30, the latest data showed that
the Ethereum Foundation quietly sold 100 ETH about 20 minutes ago,
and exchanged them for 262,474 DAI.
Speaking of which, the Ethereum Foundation has been very active this year!
As of 2024, they have sold 3,766 ETH at an average price of $2,777 through CoWSwap,
and received a total of 10.46 million DAI.
In September alone, they sold 1,250 ETH, which is about $3.06 million!
Looking at this rhythm, the Ethereum Foundation seems to be stockpiling ammunition for future big moves!
This behavior of Ethereum also makes people think about its deeper meaning. As a leader in the blockchain field, every operation of Ethereum's foundation may be regarded as a market vane.
Therefore, does this large-scale ETH sale indicate some judgment of the Ethereum team on the future trend of the market?
Or, is this their preparation for funds for the upcoming technology upgrade or ecological expansion?
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