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Ethereum Foundation Offloads Millions in ETH Amid Market Volatility

The Ethereum Foundation sold approximately $1.94 million worth of ETH tokens in the past week. The sale was conducted in two separate transactions, totaling 800 ETH, and converted into 1.68 million USDC, a stablecoin pegged to the U.S. dollar. Sentiment Result : Negative

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Ethereum Foundation Offloads Millions in ETH Amid Market Volatility

The Ethereum Foundation sold approximately $1.94 million worth of ETH tokens in the past week. The sale was conducted in two separate transactions, totaling 800 ETH, and converted into 1.68 million USDC, a stablecoin pegged to the U.S. dollar.


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This article is for informational purposes only and does not constitute financial advice.