#Ethereum Foundation Sells ETH#
Hot Topic Overview
Overview
The Ethereum Foundation has been selling ETH recently, sparking discussion within the community. According to monitoring data, the Foundation recently sold 100 ETH for 336,400 DAI at a price of $3,364 per ETH. Since January 2, 2024, the Ethereum Foundation has sold a total of 4,666 ETH, worth approximately $13.3 million. This move has raised concerns among the community about the Foundation's financial status, with some jokingly suggesting that the Foundation is "short on cash" and even proposing that they issue a MEME token to raise funds.
Ace Hot Topic Analysis
Analysis
Recently, the Ethereum Foundation's continuous small-scale, high-frequency ETH sales have sparked heated discussions within the community. According to monitoring data, the Ethereum Foundation recently sold 100 ETH at a price of $3,364, exchanging them for 336,000 DAI. This marks the 4666th time the foundation has sold ETH since January 2nd, 2024, accumulating a total of $13.3 million in sales. This action has elicited skepticism and ridicule from the community, with some suggesting that the Ethereum Foundation is facing financial difficulties, even going so far as to jokingly suggest they could issue a MEME token to raise funds. However, the Ethereum Foundation has not responded to these allegations, and the reasons and objectives behind their ETH sales remain unclear.