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‼️ Ethereum Foundation sold another 5000 ETH
🔷 5000 ETH were sold over-the-counter to ease price pressure. Bitmine acted as the buyer at an average price of around $2043 .
The Foundation plans to use the proceeds from the deal, totaling more than $10 million, to fund core operations, including research, development, and community grants.
✅ Over the past three months, EF has sold approximately 21,000 ETH worth at least $60 million. Separately, Vitalik Buterin sold his 17,196 ETH for approximately $35 million to fund open-source projects.