Ethereum Foundation Sells Additional 100 ETH

12/10/2024 9:11:28 AM

According to Lookonchain, the Ethereum Foundation has sold an additional 100 ETH, valued at approximately $374,000, after a hiatus of nearly a month. This transaction contributes to a total of 4,366 ETH, equivalent to $12.2 million, sold by the foundation throughout the year. Such sales by the Ethereum Foundation may impact market perceptions and trading strategies surrounding Ethereum, as they reflect significant movements of ETH from a major holder. (Source)

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