Ethereum Foundation Sells 100 ETH Amid Market Downturn
12/10/2024 9:08:35 AM
According to Spot On Chain, the Ethereum Foundation has sold 100 ETH for 374,334 DAI approximately 10 minutes ago. This transaction increases their total ETH sales in 2024 to 4,366 ETH, amounting to $12.21 million at an average price of $2,796 per ETH. The sale coincided with a market downturn, causing the ETH price to drop by approximately 4% today. Traders should monitor the Ethereum Foundation's activities closely as they can impact the market. (Source)
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