Data: Ethereum Foundation has sold a total of 21,000 ETH in the past three months
ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the Ethereum Foundation's DeFi multi-signature wallet sold 1,000 ETH for 4.508 million DAI in the past 7 hours, at a selling price of $4,508.
In the past three months, the Ethereum Foundation has sold 21,000 ETH, worth $72.94 million: on July 11, it sold 10,000 ETH (worth $25.73 million) OTC to SharpLink at a price of $2,573; on September 3, it transferred 10,000 ETH (worth $42.7 million) to an exchange for sale; on October 4, it sold 1,000 ETH (worth $4.51 million) on-chain at a price of $4,508. According to previous reports, the Ethereum Foundation planned to convert 1,000 ETH into stablecoins to fund research, grants, and donation projects.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Pyth Network Price Prediction: Can PYTH’s Breakout Reach $1.15?

Bailey speech: Too early to form strong views on the strength of 2nd round effects

15.49 trillion! BlackRock's assets under management have reached half of the US GDP
BlackRock recorded net inflows of $205 billions in the third quarter, with revenue rising 19% year-on-year to $7.75 billions. The flagship iShares ETF attracted more than $135 billions, while net inflows for private credit increased by $5 billions quarter-on-quarter. CEO Larry Fink stated that the company is entering the fourth quarter with accelerating momentum and solid reserves in the private market and pension fund businesses. However, Moody's warned that risks are still accumulating in the private credit market under the high interest rate environment.
