CandleFocus Ethereum Foundation Sells 100 More $ETH for 262,474 DAI
2024-10-01
Author: Content Editor
The Ethereum Foundation has sold 100 ETH for 262,474 DAI, continuing its trend of selling Ethereum assets as part of its financial strategies. In total, the foundation has directly sold 3,766 ETH for approximately 10.46 million DAI in 2024. It has gained an average selling price of around $2,777 per ETH. In September alone, the foundation sold 1,250 ETH, worth around $3.06 million. These sales aim to unlock value from its assets and maintain cash while dealing with market conditions. The foundation's actions will continue to be closely watched in the market, as they may impact the price of ETH and market trends. These transactions demonstrate the foundation's transparency and support for future projects in the Ethereum community.
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