CandleFocus Ethereum Foundation Sells 4,066 ETH in 2024, Raises $11.22M
2024-10-24
Author: Content Editor
The Ethereum Foundation continues to strategically sell its ETH holdings, with another 100 ETH sold for 252,491 DAI. This adds to the foundation's total of 4,066 ETH sold in 2024, accumulating $11.22 million at an average price of $2,760 per ETH. The foundation has been maintaining steady sales, with 1,250 ETH sold in September and 300 ETH sold in October. These sales aim to capitalize on optimal price points while ensuring market stability. Despite a slight dip in price, Ethereum remains relatively stable with a total supply of 120.39 million ETH.
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