Ethereum Foundation Wallet Sells Over 7,000 ETH: Smart Money Taking Profits?
Ethereum has been in the spotlight lately after reaching its highest levels since November 2021, showcasing remarkable resilience following weeks of massive price surges. The rally has drawn intense debate across the market, with analysts divided on Ethereum’s next move. Some argue that a deeper correction is inevitable after such an aggressive run, while others […]
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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 […]
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 […]
The Ethereum Foundation has completed a direct sale of 5,000 ETH to BitMine Immersion Technologies, the publicly traded treasury firm chaired by Fundstrat’s Tom Lee, in an over-the-counter transaction valued at $10.2 million. The transaction comes at a time when large investors appear increasingly comfortable accumulating Ethereum during the current price range, with on-chain data showing several large wallets quietly building major ETH positions in recent days. Related Reading: DOJ, Europol Freeze $3.5M In Crypto After Dismantling Global Proxy Fraud Network BitMine Continues....
In a significant development for one of crypto’s largest non-profits, the Ethereum Foundation (EF) has revealed a new leadership structure consisting of two co-directors. This move comes after backlash from community members on the recent struggles and issues of the ETH ecosystem. EF Introduces Two Executive Directors On Saturday, March 1, the Ethereum Foundation unveiled […]
The Ethereum Foundation, the main entity behind the development of the Ethereum protocol, made available a new version of the cryptocurrency's wallet and Distributed application's browser, Mist. The foundation, led by Vitalik Buterin –the inventor of the decentralised protocol– has been working non-stop to advance forward with the project’s ambitious roadmap. Coinbase Buy Widget Makes Its Way into Ethereum. The main new feature of this Ethereum Wallet release is the inclusion of the Coinbase Buy Widget (a quick FIAT gateway that allows the instant purchasing of up to $5 worth in....