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The Ethereum Foundation has cumulatively sold 21,000 ETH in the past three months.
PANews, October 4th, news from on-chain analyst Yu Jin's monitoring shows that the Ethereum Foundation's DeFi participation Multi-signature Wallet sold 1,000 ETH for 4.508 million DAI in the past 7 hours, with a selling price of $4,508. In the past three months, the Ethereum Foundation has sold 21,000 ETH, worth $72.94 million.
On July 11, sold 10,000 ETH (25.73 million USD) OTC for $2,572 to SharpLink; On September 3rd, transferred 10,000 ETH (42.7 million USD) to Kraken for sale; On October 4th, 1000 ETH was sold on-chain at a price of $4,508 (4.51 million dollars).
According to previous news, the Ethereum Foundation plans to exchange 1000 ETH for stablecoins to fund research, grants, and donation projects.