#Ethereum Foundation sells ETH#
Hot Topic Overview
Overview
The Ethereum Foundation recently sold another 100 ETH for 336,000 DAI at a price of $3,364. This is the second time the foundation has sold ETH in the past 12 days, with a total of 200 ETH sold at an average price of $3,361. Although ETH is still 31% lower than its 2021 peak, the foundation's continued sale of ETH has attracted market attention, with many speculating on the foundation's next move.
Ace Hot Topic Analysis
Analysis
The Ethereum Foundation recently sold another 100 ETH for 336,400 DAI at a price of $3,364. This is the second ETH sale by the foundation in the past 12 days, totaling 200 ETH sold for 672,000 DAI at an average price of $3,361. The sale has attracted market attention, with some analysts suggesting that the foundation may be raising funds or reducing its ETH holdings. Notably, ETH is currently 31% lower than its 2021 peak, while BTC has hit a new record of $109,000. Some analysts believe that ETH's price slump may be one of the reasons for the foundation's ETH sales.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Ethereum Foundation continues to sell ETH in small amounts and frequently, recently selling 200 ETH, totaling about 672,000 DAI.
The Foundation's sale of ETH may be related to market conditions, as ETH price is still below its historical high in 2021.
The Foundation's sale of ETH has drawn attention and discussion from the community, with some believing it could have a negative impact on ETH price.
The purpose of the Foundation's ETH sale is unclear, but it may be to obtain liquidity or adjust its asset allocation.