🪙 30 minutes ago, the Ethereum Foundation sold another 100 ETH, bringing the total ETH sold since the beginning of this year to 3,766 ETH ~ $10.46M.

Before that, they also transferred 35,000 ETH ~ $94M to Kraken without knowing whether they intended to "dump" or not.

The continuous ETH "dumping" moves have made the community angry and demanded that the Ethereum Foundation transparently state all expenses and large transactions. To calm down, researcher Justin Drake said that the foundation will soon release a full financial report to clear up the bad rumors.

Vitalik Buterin said that the Ethereum Foundation currently spends about 15% of its budget each year, with a balance of $650M in its main wallet. The foundation can maintain stable operations for the next 10 years, depending on ETH price fluctuations.