Ethereum Foundation Finalizes 5,000 ETH Sale In $10M OTC Deal — Details
The Ethereum Foundation (EF) announced that it has completed an over-the-counter (OTC) sale of 5,000 ETH over the weekend. According to the organization’s disclosure, proceeds from this sale will be directed towards its core operations and other activities. Ethereum Foundation Sells $10 Million In ETH To BitMine In a March 14 post on the social […]
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Barely a month after its first transaction with BitMine, the Ethereum Foundation has announced another sale of significant amounts of Ether tokens to the digital asset treasury (DAT) company. BitMine Picks Up Additional 10,000 ETH From Ethereum Foundation In an April 24th post on the X platform, the Ethereum Foundation disclosed that it has “finalized […]
The Ethereum Foundation is making headlines once again for selling ETH, but this time the spotlight is also on the buyer. The foundation has dumped approximately 5,000 ETH amid broader market volatility and fluctuating prices. The foundation has provided reasons for its large-scale ETH sale, citing ongoing support of operations and activities. Ethereum Foundation Sells […]
Ethereum Foundation has once again made a sale that coincided with the market peak. The foundation has been known to make sales that have been perfectly timed to the market. This time around, the market crash occurred about two days after and has since caused ETH to lose 40% of its market value. Speculations in […]
The Ethereum Foundation has completed another over-the-counter sale of its ETH holdings, this time offloading 10,000 ETH to BitMine Immersion Technologies as the counterparty. The transaction follows a continuing pattern of structured selling that has defined the Foundation’s treasury activity in recent months. Related Reading: Crypto Market Still In Fear After Historical Lows, But Can […]
The Ethereum Foundation, the organization leading the development of this blockchain, made a fresh sale of ETH in exchange for millions of dollars. This time, the organization was the victim of the vicious fees market structure ruling transactions on the network. Related Reading: BitVM Turns Bitcoin Into Ethereum Without Fork, All Altcoins Useless? Ethereum Foundation […]